Suppose the interest rate on a bond is 12.5 percent and that bond pays $90 a year in interest and sells for $720 . If the supply of bonds increases and the price of the bond falls to $600, the interest rate will ____ to ____
a. increase; 15 percent
b. increase; 17.5 percent
c. decrease; 7.5 percent
d. decrease; 10 percent
e. increase; 13 percent
a
Economics
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The export of wheat will be included in the calculation of GDP using the ________ method
A) income B) expenditure C) investment D) production
Economics
If the nominal deficit is $300 billion, inflation is 10 percent, and total debt is $2 trillion, then the real deficit is equal to:
A. ?$20 billion. B. $100 billion. C. $20 billion. D. ?$100 billion.
Economics