1. Describe four agency problems or conflicts that you anticipate as the founding entrepreneur?
2. Suppose a 5 year bond with annual coupon rate of 10% and a par value of $1000. The yield-to-maturity is 7%. What is the price?
3. Suppose a 2 year bond with annual coupon rate of 5% and a par value of $1000 trades at $950. What is the yield-to-maturity?
4. Why are financial ratios useful in financial analysis?