1. What problems do non profit institutions typically experience when closing the budget and what measures have they developed to overcome the problem?
2. What type of situations might indicate that sensitivity analysis should be performed on a variable?
3. Beatle, Inc. has a bond outstanding with a coupon rate of 11.25% per year and 15 years remaining until maturity. The par value of the bond is $1,000. What would an investor's yield to maturity be if he paid $1,000 for this bond todayBeatle, Inc. has a bond outstanding with a coupon rate of 10% per year and 15 years remaining until maturity. The par value of the bond is $1,000. What would an investor's yield to maturity be if he paid $1,000 for this bond today?
10.00%
10.95%
11.25%