1. Bank of America has bonds that pay a coupon interest rate of 7 percent and mature in 10 years. If an investor has a required rate of return of 6.9 ?percent, what should she be willing to pay for the? bond? What happens if she pays more or? less?
2. Holliman CORP has current liabilities of $403,000, a quick ratio of 1.70, inventory turnover of 3.50 and a current ratio of 3.80. What is the cost of goods sold for the company?