A person buys a newly issued bond that matures in 10 years with a face value of $10,000 and a coupon rate of 5.2%. How much money will the bondholder receive in the tenth year?
A. $10,052.
B. $10,520.
C. $10,000.
D. $52.
E. $9,480.
Answer: B
You might also like to view...
According to opportunity-cost theory, if the public lost most of its interest in spectator sports,
A) athletes would have to charge more for their services in order to survive. B) the cost of hiring professional athletes would fall. C) the cost of hiring professional athletes would rise. D) the cost of hiring professional athletes would remain the same.
What is the distribution of the world's population between the developed nations and developing nations? What is the distribution of income between these two groups and their consumption as a percentage of world income?
What will be an ideal response?
What is the political basis for policies such as farm price ceilings and high taxation of agriculture? Are urban residents well served by such policies?
What will be an ideal response?
Either an increase in wealth or an increase in population would increase consumption and aggregate demand, other things equal
a. True b. False Indicate whether the statement is true or false