Bond valuation. Harbor Hospital’s tax-exempt bond is currently selling for $803.64 and has a remaining maturity of 20 years. If the par value is $1,000 and the coupon rate is 6 percent, what is the yield to maturity?
Break-even formulas. What are the formulas for
a. The basic break-even equation?
b. The basic break-even equation expanded to include indirect costs and desired profit?
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