Author Question: When a German company purchases a U.S. company for 20 million, in the balance of payments the value ... (Read 125 times)

fox · **on:** Jun 30, 2018

When a German company purchases a U.S. company for 20 million, in the balance of payments the value of that transaction is recorded in the

A) current account.
B) investment account.
C) official purchases account.
D) capital and financial account.
E) purchase account.

Question 2

If a bond was to pay off one year from now for 840 and was purchased for 800, what is the interest rate?

A) 4 percent B) 5 percent C) 20 percent D) 40 percent