Which of the following bonds will have the highest yield-to-maturity if all three bonds appear identical to investors in terms of risk, liquidity, information costs, tax treatment?
A) one with a coupon of $50
B) one with a coupon of $100
C) one with a coupon of $200
D) none of the above
D
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The World Bank's view of the effectiveness of industrial policies in East Asia is that, in general, they
A) hindered growth. B) had little or no effect on growth. C) encouraged growth. D) are the main factor in the success of the East Asian economies. E) worked in Japan and Korea, but not in the other countries.
In the United States, all property is privately owned
a. True b. False Indicate whether the statement is true or false
Explain how the labor market and the production function determine potential GDP
What will be an ideal response?
If you want to earn a real interest rate of 3% on money you lend, and you expect that inflation will be 2%, what nominal rate of interest will you charge?
A) 1% B) 5% C) 6% D) 9%