Meacham Enterprises’ bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?

Philip Zimbardo’s simulated prison study was carried out to its full anticipated duration.

A full citation for a journal article includes which of the following?

Which of the following contracts would you prefer assuming money has time value?

Professor Smith sent a mail questionnaire to 2,000 subjects. Smith told subjects that their responses would be anonymous. After the first mailing, 400 completed surveys were returned. For a follow-up mailing, Smith should mail

If an investment pays 10 percent interest compounded quarterly, its effective annual rate will also be 10 percent.

Rule 72 assumes an interest rate around 10.4% and says that money should double every 2 years.

You have just invested $5,000 in a stock market mutual fund that you think will generate a return of 10% per year. What is the anticipated future value of this investment in 10 years?

All else equal, the fair (or intrinsic) price should fall if the risk-free rate decreases according to the CAPM model.

A 5-year $100 annuity due will have a lower present value than a 5-year $100 ordinary annuity.