List three characteristics of a bond that would make its interest rate higher than otherwise
it has a longer term to maturity, it has greater default risk, the interest earned on it is not tax exempt
Economics
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Rich and poor people have which of the following in common?
A) Scarcity B) Economizing behavior C) Pursuing the plans and projects in which they are interested D) All of the above. E) None of the above.
Economics
The price for tickets of a sold-out event increase by 30% but quantity sold remains unchanged. The price elasticity of demand equals
A) 0. B) 1. C) infinity. D) Cannot be determined.
Economics