Suppose you purchase a bond with a coupon of $30 for $1025. You sell it one year later for $1050. What rate of return did you earn? Report a percentage with two decimal places
What will be an ideal response?
The rate of return is $30/$1025 + ($1050 - $1025)/$1025 = 5.37%.
Economics
You might also like to view...
In a monopolistic industry, there is(are) ________ firm(s) and ________.
A. many; entry of new firms is blocked B. a single; entry of new firms is blocked C. many; free entry of new firms D. a single; free entry of new firms
Economics
Assume that at the current level of output, price equals marginal revenue, but is less than average total cost. So long as price is greater than average variable cost, the firm should continue to operate in the short run to minimize its losses
Indicate whether the statement is true or false
Economics