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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 97 times)

viki

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  • 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


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blfontai

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


viki

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  • Posts: 525
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Jsherida

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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