Answer:
Current yield is 6.17%
<em>YTD is 5.43%</em>
<em>YTC is 4.26%</em>
Explanation:
Tenor: 15 years 
-> number of payment (NPer) is 30 (= 15 years * 2 for semiannual)
Coupon rate: 7.4% 
- > semiannual payments (PMT): $37 = ($1000*7.4%/2)
Future value (FV): $1000
Present value (PV): $1200
Current yield = annual coupon/ current price = $37*2/$1200 = 6.17%
<u>Extra: </u>
We use excel to calculate  yield to date (YTD) or nominal yield:
= Rate(Nper, PMT, - PV,FV) = Rate(30,37,-1200,1000) = 2.717% semiannual 
-> annual rate is 5.43%
The bond issue is callable in 5 years at a call price of $1,074, then FV is $1074
Yield to call = rate(10,37,-1200,1074) = 2.13% semiannual 
-> annual rate is 4.26%
 
        
             
        
        
        
Answer:
Distinguish between an absolute advantage and a comparative advantage is discussed below.
Explanation:
Absolute advantage and a comparative advantage
- Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production. 
- Trading judgments based on comparative advantage between nations are forever respectively advantageous.
 
        
             
        
        
        
<span>The answer to the question stated above is liquidity.
The ease with which an asset can be converted quickly into cash with little or no loss of purchasing power is liquidity. 
>>>Money is said to be perfectly liquid, whereas other assets have a lesser degree of liquidity.</span>
        
             
        
        
        
Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.