Does market experience eliminate anomalies what is the the


1. Does market experience eliminate anomalies?

2. What is the the general purpose for developing an "elevator brief". What are the aspects of a company should be addressed in an "elevator brief".

3. A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 10%. The equilibrium price of the bond today will be __________ if the coupon rate is 8%.?

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