If a bond was to pay off one year from now for $840 and was purchased for $800, what is the interest rate?

A) 4 percent B) 5 percent C) 20 percent D) 40 percent

B

Economics

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Which of the following statements is true?

A) The demographic transition of the 19th century led to a decrease in life expectancy across the Western world. B) Until the demographic transition in the 19th century, they were recurrent Malthusian cycles. C) The demographic transition of the 19th century led to an increase in fertility across the Western world. D) After the demographic transition in the 19th century, they were recurrent Malthusian cycles.

Economics

Financial institutions search for ________ has resulted in many financial innovations

A) higher profits B) regulations C) respect D) higher risk

Economics