The yield to maturity for a perpetuity is a useful approximation for the yield to maturity on long-term coupon bonds. It is called the ________ when approximating the yield for a coupon bond
A) current yield
B) discount yield
C) future yield
D) star yield
A
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The price of peaches goes up and I observe you buying more strawberries. This implies that strawberries must be an inferior good.
Answer the following statement true (T) or false (F)
A "flight to quality" in global asset markets in September and October 2008 caused an increase in the demand for ________
A) emerging-market equities B) luxury automobiles C) dollar assets D) blue-chip stocks
The rule of reason was an antitrust law guideline that emphasized the importance of ________ over ________
a. price; quantity b. quantity; price c. law; the economy d. size; behavior e. behavior; size
After an extended period of steady inflation at a constant rate,
a. people will anticipate inflation. b. actual unemployment will approximate the natural rate of unemployment. c. actual unemployment will be less than the natural rate of unemployment. d. both a and b are true.