Leann just sold a $10,000 par value bond for $9,800. The bond interest rate was 6 percent per year payable quarterly. Leann owned the bond for 3 years. The first interest payment she received was 3 months after she bought the bond. She sold it immediately after receiving her twelfth interest payment. Leann’s yield on the bond was 12 percent per year compounded quarterly. Determine the price she paid when she purchased the bond.

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.

What is the sequence of events that could lead to trade surplus

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.