A _____ is a combination of an annuity that consists of coupon payments and a terminal payment of the par value

a. share
b. bond
c. perpetuity
d. debenture


B

Economics

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Demand-pull inflation is illustrated in the short run aggregate supply-aggregate demand model as a shift of the aggregate ________.

A. demand to the left B. demand to the right C. supply to the left D. supply to the right

Economics

In the consumption function, suppose a = 60, c = 0.75, Y = 3000, and T = 800. Consumption expenditure is

A) 2910. B) 2245. C) 1710. D) 1590. E) 1510.

Economics

As the interest rate increases, the opportunity cost of waiting to receive a future amount:

A. increases. B. remains the same. C. decreases. D. may rise or fall.

Economics

If P = MC and MC > ATC, then a perfectly competitive firm will earn ________ profits.

A. positive B. break-even C. negative D. zero

Economics