This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A bond has a face value of 10,000, a price of 12,000, and coupon payments of 2000 for two years. The ... (Read 48 times)

viki

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
A bond has a face value of 10,000, a price of 12,000, and coupon payments of 2000 for two years. The current yield of this bond is
 
  A) 10.
  B) 16.7.
  C) 20.
  D) 30.
  E) none of the above

Question 2

An increase in income will cause
 
  A) a reduction in the supply of central bank money.
  B) a reduction in the demand for currency.
  C) an increase in the demand for reserves.
  D) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blfontai

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


viki

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Excellent

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Moth face Moth face
Checklist of Developmental Skills: Birth to 5 years Cont. Checklist of Developmental Skills: Birth to 5 years Cont.
A medical assistant wearing PPE—gown, face shield, and gloves. A medical assistant wearing PPE—gown, face shield, and gloves.
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
Prevalence of lifetime mood disorders for Canadian men and women age 55 years and over Prevalence of lifetime mood disorders for Canadian men and women age 55 years and over
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library