1. A Treasury bond has a quoted price of 101.6523 and current yield of 5.875 percent. What is the bond's annual coupon amount if its face value is $5,000?
2. Describe several strategies that nonprofits can adopt when dealing with cash-flow issues.
3. Homefront is expected to generate sales of $7 per share next year. However, due to extensive investments it is expected to have net earnings of $-0.11. The average price-to-sales ratio for Homefront's industry is 8.8, and the average P/E ratio is 16.5. Based on this information what should be the price of Homefront's stock?