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Author Question: A bond is selling for 1000 and it pays 150 in interest a year. If the interest rate changes to 20 ... (Read 102 times)

lindiwe

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on: Jun 30, 2018
A bond is selling for 1000 and it pays 150 in interest a year. If the interest rate changes to 20 percent, then
 
  A) the price of the bond falls to 750. B) the interest payment falls to 75.
  C) the interest payment rises to 200. D) the price of the bond rises to 1500.

Question 2

Which of the following statements is true?
 
  A) A nation's institution comprises of the rules and regulations in the nation, while a nation's culture comprises of the saving habits of its citizens.
  B) A nation's culture comprises of both the saving habits of its citizens and the rules and regulations in the nation.
  C) A nation's culture comprises of both the ongoing tax rate and the rules and regulations in the nation.
  D) A nation's culture comprises of the ongoing tax, while a nation's institutions comprises of the rules and regulations in the nation.


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Danny Ewald

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

A

Answer to Question 2

A


lindiwe

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

bblaney

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Reply 3 on: Yesterday
Wow, this really help

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