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Table 14-2 -Refer to Table 14-2

question 201

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Table 14-2
 Year  Real GDP (billions  of 2000 dollars)  2010$10,100201110,950201211,425201311,300\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Real GDP (billions } \\\text { of 2000 dollars) }\end{array} \\\hline 2010 & \$ 10,100 \\\hline 2011 & 10,950 \\\hline 2012 & 11,425 \\\hline 2013 & 11,300 \\\hline\end{array}
-Refer to Table 14-2.Using the table above,what is the approximate growth rate of real GDP from 2012 to 2013?

Understand and apply the concept of present value in the context of bond pricing and valuation.
Master the preparation of a bond amortization schedule and its impact on financial statements.
Understand the principles of bond valuation and the calculation of present value for single amounts and annuities.
Comprehend the concepts of market rate of interest vs contract rate of interest and their implications on bond pricing (discount, premium, or par value).

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