On January 1, Broker Corp. issued $3,600,000 par value 11%,11 year bonds which pay interest each December 31. If the market rate of interest was 13%, what was the issue price of the bonds

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right