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A three-year bond has 8.0% coupon rate and face value of $1000. If the yield to maturity (YTM) on the bond is 10%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments
a) $949.24
b) $847.96
c) $1000
d) $1057.54
Differentiate between sunk costs and opportunity costs. Which of these costs should be included in incremental cash flows and which should be excluded?
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Write an essay on your short term personal financial and career goals and the tentative plan on how you will achieve them.
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