The value of Best Bank's accounting profits was $35 million.
a. $1,000
b. $100
c. $10
d. $1
b. $100
$1,000 (face value) × 10% (coupon rate) = $100 (annual interest) if the bond carries no risk.
Economics
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Estimations of demand are used as input in this type of scenario:
A. understanding automobile demand to decide whether to offer below-market-rate loans for new cars. B. as input into a firm's decision-making process. C. understanding the demand for oil in order to impose a new oil import tax. D. all of the above
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The IS curve will shift down and to the left when
A) desired saving declines. B) government purchases increase. C) consumption increases. D) the expected future marginal product of capital declines.
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