A bond has a face value of 10,000, a price of 12,000, and coupon ...

[viki]

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

[blfontai]

Answer to Question 1

B

Answer to Question 2

C

[viki]

Thanks for the timely response, appreciate it

[mammy1697]

Wow, this really help