The reason could be that they want a higher education. 4 year degree is more rewarding than a 2 year degree. they want a higher education so they can get a better job that pays them even more. thats my opinion. remember this has to do more with money. the more you prepare yourself the more money you are able to get.
Answer:
D)The yield to maturity of a callable bond is calculated as if the bond were called at the earliest opportunity.
Explanation:
The callable bond should be trade at the less price so it would generate the high return as compared with the non-callable bond. Whenever it is low it generated the high return but it could not increase over and above to the call value at the time when the yield is less. Also prior to the call date the investors expected that the issuer would follow and the price of the bond represent the given strategy
but the yield to maturity should not be measured at the time when the bond can be called
Therefore d option should be considered
The problem seems lacking of information specially the table 19-1, but luckily, I've found the complete problem and able to have the answer. On the table, the given is that there is a 60.6 million swine and with that data, we can determine the emissions in each swine produce and the answer is 0.35 metric tons per swine