A bond has a face value of $10,000, a price of $12,000, and coupon payments of $2000 for two years. The coupon rate of this bond is
A) 10%.
B) 16.7%.
C) 20%.
D) 30%.
E) none of the above
C
You might also like to view...
Suppose the equilibrium rent in Boston is $1,500. A rent ceiling of $1,600 per month leads to
A) a surplus of apartments in Boston. B) a shortage of apartments in Boston. C) no change in the Boston apartment market. D) fair prices in the Boston apartment market. E) compared to the situation at the equilibrium rent, a decrease in the quantity of apartments demanded and an increase in the quantity of apartments supplied.
In a Lorenz diagram for income, the line of equality shows
A) the most equitable income distribution. B) how unequally incomes are distributed. C) how much redistribution occurs. D) the income distribution if everyone received the same income.
The short-run supply curve for a perfectly competitive firm is the portion of its
A. MC curve above the ATC curve. B. ATC curve below the MC curve. C. MC curve above its AVC curve. D. ATC curve above the MC curve.
Equilibrium in the long run occurs when:
A. AD intersects the short-run AS, regardless of output level B. AD intersects the short-run AS, regardless of price level C. AD intersects the short-run and the long-run AS curves at the same point D. The short-run AS curve intersects the long-run AS curve