The market value of a particular bond at any given point in time is called the bond's:
A. principal
B. coupon rate.
C. term.
D. price
Answer: D
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In terms of Social Security taxes, the self-employed pay
A. only the employee portion. B. both the employee and employer portions. C. only the employer portion. D. no tax.
If you invest $4,000 in a savings account paying 3 percent interest, how much will your investment be worth in 25 years?
What will be an ideal response?
Permanent resource price differentials are caused by
a. differences in resource quality b. differences in the time and training required to perform the job c. differences in nonmonetary aspects of the job d. a lack of resource mobility e. all of the above
The law of diminishing marginal utility is the principle that the marginal utility curve ____ as people consume more of a product in a given period
a. rises. b. falls. c. remains unchanged. d. first falls and then rises.