If the coupon payment on a bond is $350 and the coupon rate is 7%, then what is the face value of the bond?
A. $5,000
B. $374.50
C. $24.50
D. $528.57
E. There is not enough information provided to answer this question.
Answer: A
You might also like to view...
Assume the table shown is for a hat factory, and shows the total production of hats given various numbers of employees. Adding a third worker increases production:
A. by 60 hats.
B. by more than the second worker.
C. to 110 hats.
D. All of these are true.
The supply of loanable funds curve reflects
a. the inverse relationship between the market interest rate and the quantity of borrowed funds b. the inverse relationship between the market interest rate and the quantity of saving c. the direct relationship between the market interest rate and the quantity of borrowed funds d. the direct relationship between the market interest rate and the quantity of saving e. the direct relationship between the market interest rate and the quantity of present consumption
Speculators in the financial market are:
A. debated by some as to whether they contribute to the financial system's success. B. seen by most as necessary for the health of the financial system. C. largely thought to be detrimental to the overall health of the financial system. D. illegal, and often work in the "grey" markets despite this.
Trade between countries is based on
A) absolute advantage only. B) monopoly power. C) comparative advantage. D) none of these choices.