XYZ Corp. has a bond issue with a $ 1,000 par value and a 15% coupon rate. It pays interest annually and has 15 years remaining to maturity. It just made a coupon payment (i. e., it has 15 coupon payments left to make). If the yield to maturity of bonds with similar risk and maturity is 10%. What the price of XYZ’s bond today? Round your final answer to two decimals.

What happens when a bank is required to hold more money in reserve?

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)