1. What would I pay for a bond that had a par value of $1,000, an annual interest rate of 3.5%, and is due in three years? The market rate of interest for a bond with the same risk characteristics is 2.75%.
2. If my Current Assets total $100, my Long-term Debt is $300, my Equity is $250, and my Current Liabilities total $200, what is my Current Ratio?