If the payment stream of a bond remains the same and the price of the bond goes down, the
A) effective yield is unchanged.
B) effective yield rises.
C) effective yield decreases.
D) bond is reissued to reflect the higher interest rate.
E) bond is reissued to reflect the lower interest rate.
B
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School districts in which relatively more parents choose to not have their children immunized:
A. have higher rates of the diseases for which immunization is normally required. B. are in violation of federal health care regulations. C. have lower rates of the diseases for which immunization is normally required. D. tend to be in poorer neighborhoods.
Recall the Application. If it is not known whether the decrease in price of illegal drugs is primarily due to a change in supply, a change in demand, or equal changes in both, the equilibrium quantity of drugs
A) will increase. B) will decrease. C) will not change. D) may or may not change.
The price elasticity of demand for Rosie's Roses fresh flowers the week of Valentine's Day is 1.10 and is 1.60 other days of the year. If Rosie's Roses faces a constant marginal cost of $0.75 per rose, what is the profit-maximizing peak-load price to charge the week of Valentine's Day?
A) $8.25 B) $2.00 C) $6.50 D) $11.00
Estimates of the value of a college education are based on
A. present value. B. enumerated costs and benefits. C. plausible deniability. D. actual costs and benefits.