If you own a $1,000 face value bond with one year remaining to maturity and a 7 percent coupon rate and new bonds are paying 11 percent, what is the most you can get for your old bond?
A) $1,028.85 B) $1,000.00 C) $963.96 D) $952.30
C
Economics
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The minimum wage is an example of
A) a subsidy for low-skilled workers. B) a price floor. C) a black market. D) a price ceiling.
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To find the Real interest Rate
What will be an ideal response?
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Which of the following would be most appropriate if the Federal Reserve wanted to increase the money supply in order to stimulate the economy?
A. Buy U.S. government securities. B. Force the Treasury to reduce the national debt. C. Raise the discount rate. D. Increase the reserve requirements.
Economics
A change in the price of a good causes
A. an increase in demand and a decrease in supply. B. an increase in supply. C. a decrease in supply. D. a change in quantity supplied.
Economics