The current price of Acme stock is $5.80. The stock is down 90% from its price one year ago. What was the stock price one year ago?

A) $11.02
B) $6.44
C) $6.38
D) $65.00
E) $58.00

Sandia Corporation issued $2,000,000 worth of callable bonds paying 7% interest. The maturity date for the bonds was in 10 years. A year later, interest rates fell to 5%. The bonds were called and new bonds were sold at the 5% rate. How much did Sandia Corporation save by calling the bonds?​

Looking at the degrees of freedom for a statistic like a t-statistic provides information regarding ______.

A) the size of the sample
B) the sample mean
C) whether alpha is one-tailed or two-tailed
D) the population mean (μ)

Under what circumstance is $100 paid today equivalent to $110 paid 1 year from now?