Burns power’s $1000 par value, semi-annual coupon bonds currently have a yield to maturity of 5.6%. these bonds have a 6.8% annual coupon rate and mature in 13 years. also, these bonds could be called in 3 years at a price of $1045

Tanner has purchased a car with a loan. his bank now deducts the amount of the monthly payment from his account on the second of every month. which financial service has tanner’s bank offered him? a. money transfer b. automated payment c. online banking d. atm withdrawal