Microhard has issued a bond with the following characteristics: par: $1,000 time to maturity: 8 years coupon rate: 11 percent semiannual payments calculate the price of this bond if the ytm is (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.):

You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)