Midland Oil has $1,000 par value bonds outstanding at 20 percent interest. The bonds will mature in 15 years. Compute the current price of the bonds if the present yield to maturity is: Bond Price a.15 percent b.10 percent c.14 percent

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.