Question: Question 3 4 pts There is a zero coupon bond that sells for $393.78 and has a par value of $1,000. If the bond has

Question 3 4 pts There is a zero coupon bond that

Question 3 4 pts There is a zero coupon bond that sells for $393.78 and has a par value of $1,000. If the bond has 16 years to maturity, what is the yield to maturity? Assume semiannual compounding, 5.71% 5.76% 5.91% 6.00% 5.67% MacBook DOO

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LO11.5 Discuss creative destruction and the profit incentives for innovation.

6. That segment of a competitive firms marginal-cost curve that lies above its average-variable-cost curve constitutes the shortrun supply curve for the firm. Explain using a graph and words. LO10.5

LO11.4 Show how long-run equilibrium in pure competition produces an efficient allocation of resources.