Question $10$

$1$ pts

The specification for a plastic liner for concrete highway projects calls for a thickness of $6\mathrm{.}0mm+-0\mathrm{.}1mm.$ The standard deviation of the process is estimated to be $0\mathrm{.}02$ mm $.$ The process is known to operate at a mean thickness of $6\mathrm{.}03$ mm $.$ What is the process capability index Cpk$?$ Is this process capable?

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Problem Walk$-$Through

Madsen Motors's bonds have $22$ years remaining to maturity. Interest is paid annually, they have a $$1,000$ par value, the coupon interest rate is $7\%,$ and the yield to maturity is $10\%.$ What is the bond's current market price? Round your answer to the nearest cent.