If a corporate bond with face value of $5,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?

The Federal Reserve views commercial bank use of the discount window as

A) something to be used only by commercial banks. B) completely up to the borrower. C) a privilege, not a right for eligible borrowers. D) something to be used only in financial panics.

Opportunity cost is best defined as the value of

a. all of the other possible options that the decision maker could have chosen. b. the alternative which the decision maker would choose if more resources were available. c. what is gained from the alternative which is chosen. d. resources that are given up to obtain the alternative that is chosen. e. the next best alternative that the decision forces one to give up.