A bond's price is $80 and the bond pays $8 in interest every year. The bond's interest rate is ________
A) 80 percent
B) 10 percent
C) 4 percent
D) 8 percent
E) None of the above are correct.
B
Economics
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The short-run aggregate supply curve (SRAS) is based on the theory that wages are flexible
a. True b. False Indicate whether the statement is true or false
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In a monopoly, producer surplus is
A) larger than under perfect competition. B) is equal to that under perfect competition. C) smaller than under perfect competition. D) None of these choices is true.
Economics