Jessica paid $6,200 for a bond with a face value of $6,000. She will be paid $350 annually as long as she holds on to the bond, until the bond's maturity date. The yield on the bond is
A. 5.6 percent.
B. 5.8 percent.
C. 15.6 percent.
D. 2.0 percent.
Answer: A
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Which of the following types of expenditure is most likely NOT determined by an accelerator model?
A) consumer durable spending B) inventory investment C) residential housing construction D) consumer spending on food
Other things being equal, during a period when the federal government issues more Treasury securities to borrow funds
A) the flow of government expenditures during that period must exceed the flow of tax revenues. B) the flow of government expenditures during that period must exceed the stock of tax collections. C) the stock of government deficit spending during that period must exceed the flow of tax revenues. D) the stock of government deficit spending during that period must exceed the stock of tax collections.
The Employment Act of 1946 dictated the U.S. goal of maintaining high employment through high economic growth but did not specify any goals with regard to the price level
a. True b. False Indicate whether the statement is true or false
Though the owners of NFL and MLB teams may be able to show that they lose money each year, economists who study the subject insist that they
A. lose the same amount as they do in their other businesses. B. lose money only if they lose games. C. are using phony accounting tricks to come up with those losses, and that every franchise makes money. D. still make money because they can sell their team for much more than they paid for it.