Hamilton, Inc. bonds have a coupon rate of 11 percent. The interest is paid​ semiannually, and the bonds mature in 7 years. Their par value is ​$1 comma 000. If your required rate of return is 16 ​percent, what is the value of the​ bond? What is the value if the interest is paid​ annually?

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?