1. Discuss the requirements of a linear programming (LP) model. Provide an example of an LP model and define each variable used. What are the key steps that need to be considered when formulating an LP problem? answers most be 150 words.
2. Calculate the debt yield of the following XYZ corporation bond (ytm) . Current bond price per unit = $1,030 coupon rate = 3.5 percent (annual ) , remaining term to maturity = 20 years and face value of bond $1,000