Engineering Economics
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.

P 1,144.81
P 1,133.78
P 1,122.70
P 1,155.06

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the permit to sell
the single vendor can prevent the entry of all other vendors in the market
the single vendor is the only one who has the knowledge of the product
the single vendor gets the absolute franchise of the product

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