Question: can you show how to do it by using the equestion and not the finacial calculator 1. Whatever, Inc., has a bond outstanding with a

can you show how to do it by using the equestion and not the finacial calculator

1. Whatever, Inc., has a bond outstanding with a coupon rate of 5.74 percent and semiannual payments. The yield to maturity is 6.1 percent and the bond matures in 20 years. What is the market price if the bond has a par value of $1,000

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=+ d. What will the capitaloutput ratio be at the Golden Rule steady state? (Hint: For the CobbDouglas production function, the capitaloutput ratio is related to the marginal product of capital.)

=+c. Suppose that public policy raises the saving rate so that the economy reaches the Golden Rule level of capital. What will the marginal product of capital be at the Golden Rule steady state?

=+a discussion of the CobbDouglas production function, see Chapter 3.)