This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If you buy for 100 a bond that pays 4.57 percent in annual interest and the current interest yield ... (Read 168 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
If you buy for 100 a bond that pays 4.57 percent in annual interest and the current interest yield on the bond rises to 5.13 percent, then the price of the bond has fallen.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A price floor is binding when it is set
 a. above the equilibrium price, causing a shortage.
  b. above the equilibrium price, causing a surplus.
  c. below the equilibrium price, causing a shortage.
  d. below the equilibrium price, causing a surplus.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

14vl19

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


tth

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Wow, this really help

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Any number of crossovers gives 50 percent recombinants Any number of crossovers gives 50 percent recombinants
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Catalysis of peptide bond hydrolysis by chymotrypsin (part 1) Catalysis of peptide bond hydrolysis by chymotrypsin (part 1)
Annual Earthquake Occurrence Annual Earthquake Occurrence
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Annual Energy Flow: Silver Springs Annual Energy Flow: Silver Springs
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library