1. Identify a workplace or social organization you are familiar with and describe the organization’s culture. How does the culture of the organization affect the way it makes decisions?
2. A corporate bond that matures in 10 years , pays a 8% annual coupon, has a face value of $1,000 and a yield to maturity of 10.5%. The bond can first be called five years from now. The call price is $1,100. What is the bond's yield to call?
3. A bond with a par value of $1000 has a 14-year maturity and an 9.5% annual coupon. The bond has a current yield of 8%. What is the bond's yield to maturity ?