This topic contains a solution. Click here to go to the answer

Author Question: A bond's price is 80 and the bond pays 8 in interest every year. The bond's interest rate is ... (Read 349 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
A bond's price is 80 and the bond pays 8 in interest every year. The bond's interest rate is ________.
 
  A) 80 percent
  B) 10 percent
  C) 4 percent
  D) 8 percent
  E) None of the above are correct.

Question 2

The United States is a ________ nation because it pays ________ in interest to the rest of the world than it receives in ________ from the rest of the world.
 
  A) creditor; more; interest
  B) debtor; more; interest
  C) debtor; less; cash
  D) debtor; more; cash
  E) debtor; less; interest



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

B

Answer to Question 2

B




lindiwe

  • Member
  • Posts: 577
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

 

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?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library