Exhibit 36-1 Bond FaceValueof Bond Price ofthe Bond Annual CouponPayment A $1,000 $850 $25 B $1,000 $950 $41 C $1,000 $1,100 $52 D $1,000 $1,100 $32 E $1,000 $1,000 $50 Refer to Exhibit 36-1. The yield on bond B is approximately
A. 4.1 percent.
B. 4.3 percent.
C. 0.04 percent.
D. 17 percent.
Answer: B
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An increase in taxes will increase total planned expenditures for goods and services
Indicate whether the statement is true or false
When a good is imported, the domestic production of it ________ and the domestic consumption of it ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) increases; does not change
Regardless of whether goods are inferior or normal, the deadweight loss from a per-unit tax is always greater the more price elastic the market demand curve for a good.
Answer the following statement true (T) or false (F)
The long run is a planning period:
a. during which the firm can vary all inputs including its plant size. b. less than six months. c. less than one year. d. less than five years.