How can both numbers be correct
Between 2003 and 2004, total U.S. employment increased by 1.5 million workers, but the number of unemployed workers only decreased by 0.6million. How can both numbers be correct?
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ABC Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds mature in 25 years. What is the current price of the bond if the YTM is 16 percent? Assume annual payments.
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