How much is a bond that pays $80 in coupon payments for 4 years and $1,000 at the end of the fourth year worth if the interest rate is 6%?
A) $855.46 B) $1,045.56 C) $1,069.30 D) $1,140.00
C
You might also like to view...
Which of the following is a macroeconomic decision or concept?
A) the price of oil B) how many television sets to produce C) the unemployment rate for the entire economy D) the unemployment rate for each firm
When unemployment is above its natural rate, the inflation rate will eventually
A) increase. B) become equal to the natural rate of unemployment. C) move to its natural rate. D) decrease.
In what ways did the stock market crash of 1929 increase the severity of the downturn?
What will be an ideal response?
Which of the following is not true? a. Collusion is relatively rare, in part because it is illegal in many countries
b. Collusion is relatively rare, even though members find it easy to agree on key decisions. c. Collusion is relatively rare, in part because members frequently have an incentive to cheat on the cartel. d. Collusion is harder to maintain when differentiated products are involved, which introduce many ways to undercut a collusive agreement.