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Author Question: What is a corporate bond and what does it specify? What will be an ideal ... (Read 57 times)

cmoore54

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on: Jun 29, 2018
What is a corporate bond and what does it specify?
 
  What will be an ideal response?

Question 2

If the quantity of sunglasses supplied is represented by the supply equation QS = -60 + 4P, then to solve for the price of sunglasses, the equation would be rewritten as
 
  A) P = 15QS + 240. B) P = 0.25QS + 15. C) P = QS - 7.5. D) P = 12 - 0.4QS.
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jessicaduplan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A bond is a promise to repay a fixed amount of funds with the coupon rate, the face value of the bond, and the maturity period specified.

Answer to Question 2

B


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