1. What would financials look like if smart home sales of best buy increased by 14.5 percent from 2017 to 2020
2. The promised yield to maturity calculation assumes that
a. All coupon interest payments are reinvested at the current market interest rate for the bond.
b. All coupon interest payments are reinvested at the coupon interest rate for the bond.
c. All coupon interest payments are reinvested at short term money market interest rates.
d. All coupon interest payments are not reinvested.
e. None of the above
3. Consider a bond with a duration of 6 years having a yield to maturity of 8% and interest rates are expected to rise by 50 basis points. What is the percentage change in the price of the bond?
a. 2.88% b. 3.45% c. 3.89% d. 3.45% e. 2.88%