A bond has a face value of $10,000, a price of $12,000, and coupon payments of $2000 for two years. The coupon rate of this bond is
A) 10%.
B) 16.7%.
C) 20%.
D) 30%.
E) none of the above
C
Economics
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If capital per hour of labor decreases, real GDP per hour of labor
A) decreases because the level of technology decreases. B) increases because the level of technology increases. C) increases for a given level of technology. D) decreases for a given level of technology.
Economics
Lauren noticed that in the last 60 games, her hometown minor league baseball team won 40 times. Lauren estimate the probability of losing the game to be
A) 1/6. B) 1/4. C) 1/3. D) 1/2.
Economics