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 C is approximately
A. 0.05 percent.
B. 5.2 percent.
C. 4.7 percent.
D. 100 percent.
Answer: C
Economics
You might also like to view...
What is the key macroeconomic issue of the short run and what is the key macroeconomic issue of the long run?
What will be an ideal response?
Economics
Most economists and policy makers decided in 2007-2010 that reducing unemployment was the main national priority
a. True b. False Indicate whether the statement is true or false
Economics
Suppose the cost function is C(Q) = 50 + Q ? 10Q2 + 2Q3. What are the fixed costs?
A. $10 B. $2 C. $50 D. $1
Economics
Which of the following is NOT considered to be an economic resource?
A) an engineer B) a company truck C) a local gas station D) a view of the moon on a clear night
Economics