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Author Question: A bond's price is 80 and the bond pays 8 in interest every year. The bond's interest rate is ... (Read 377 times)

lindiwe

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on: Jun 29, 2018
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


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snackralk

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

B

Answer to Question 2

B


lindiwe

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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