For each of the following pairs of Treasury securities (each with $ 1 comma 000 par value), identify which will have the higher price: a. A three-year zero-coupon bond or a five-year zero-coupon bond? b. A three-year zero-coupon bond or a three-year 4 % coupon bond? c. A two-year 5 % coupon bond or a two-year 6 % coupon bond?

Step-by-step explanation:

A. The three-year zero coupon bond, because the future value is receiver sooner, thus the present value is higher.

B. The three year 4% coupon bond because it pays interest payments, whereas the zero coupon bond is pure discount bond.

C. The 6% coupon bond because the coupon (interest) payments are higher.

tickets for the harlem globetrotters

show at michigan state university in

2010 cost $16, $23, or, for vip seats, $40.

total revenue = 16x + 23y + 40z

if 9 times as many $16 tickets were sold

as vip tickets,

x = 9z => x – 9z = 0, if 9 times as many $16 tickets were sold

as vip tickets,

x = 9z => x – 9z = 0, sales of all three kinds of tickets would

total $46,575.

16x + 23y + 40z = 46575, how many of each kind of ticket would

have been sold?

solve for x, y and z

x − 9z = 0

x − y − z = 55

16x + 23y + 40z = 46575

x = 1170

y = 985

z = 130

welcome!

c

step-by-step explanation: