Suppose a company's bond sold for $900 last month and this month the price is $1,200. The annual interest payment is $90. The current yield on this bond is
A. 10.0 percent.
B. 22.2 percent.
C. 18.2 percent.
D. 7.5 percent.
Answer: D
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The De Beers diamond mining and marketing company of South Africa became one of the most profitable and longest-lived monopolies in history. Which of the following has always threatened De Beers' control of the diamond market?
A) At different times in the past some countries have banned the importation of diamonds from South Africa for political reasons. B) Competition from imitation diamonds. Technology has made it possible to make fake diamonds look exactly like real diamonds. C) Competition from other gemstones, including rubies and emeralds, that have become more popular over time. D) Since few diamonds are ever destroyed, De Beers has constantly faced possible competition from other firms reselling diamonds.
Explain how deficit spending can benefit future generations
What will be an ideal response?
The Nash equilibrium is
a. a pair of strategies, one for each player , in which player A's strategy is the best response while player B's is not b. a pair of strategies, one for each player , in which player B's strategy is the best response while player A's is not c. a pair of strategies, one for each player, in which each player's strategy is the best response to the other's d. a pair of strategies, one for each player, in which neither strategy is a best response
The difference between a nation’s value of its exports and imports is called the balance of _________.
a. trade b. payments c. goods d. shipments