The U.S. government will pay Allen $2,500,000 each six months, equal to 2.5% of the $100 million face amount of the treasury bonds (5% annual coupon rate, paid in two installments each year), and will repay the $100 million at the end of five years. At the time Allen purchases the bonds, the market prices these bonds to yield Allen 6% annually (3% each six months). The bonds are classified as
held to maturity. Because the market requires a _____ than the _____ on the bonds, the bonds will sell on the market for a _____.
a. lower yield; stated interest rate; premium
b. lower yield; market interest rate; premium
c. higher yield; stated interest rate; discount
d. lower yield; stated interest rate; discount
e. market yield; stated interest rate; premium
C
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Screen names are selected to portray true or unrealistic characteristics of the self. Sometime screen names are considered to be an ______.
a. electronic media b. electronic costume/mask c. electronic resource d. electronic entertainment
When a citizen of one state sues a citizen of another state, diversity jurisdiction can be created and case can be heard by a U.S. Federal District court as long as the statutory amount is met
Indicate whether the statement is true or false
Why do companies need a long-term talent management strategy and a short-term tactical strategy?
What will be an ideal response?
In financial markets, lenders typically have inferior information about potential returns and risks associated with any investment project. This difference in information is called
A) comparative informational disadvantage. B) asymmetric information. C) variant information. D) caveat venditor.