When originally issued, an investment in the bonds of Flushing Dough, Inc., promised to provide an annual coupon of 7.00%. The bonds have 4 years until maturity, a market price of $815, and are expected to pay all coupons on time. At maturity, however, the bonds are only forecasted to pay 88% of their par value. What is the likely yield to maturity on the bonds

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.