The value of a financial instrument rises as:
A. the payments are made when the prospective investor needs them least.
B. the size of the payment promised decreases.
C. the promised payment is made sooner rather than later.
D. it is less likely the payment will be made.
Answer: C
Economics
You might also like to view...
Lula Panagis, a bright new Ph.D. in economics, turned down many job offers because she hopes eventually to receive an offer from one of the top 10 universities. The type of unemployment she is experiencing is
a. frictional b. structural c. involuntary d. cyclical e. underemployment
Economics
If the price of a unit of output for a perfectly competitive firm is $5 and the profit-maximizing condition is met, then MPL/PL = MPK/PK = MPA/PA will be equal to
A. $5. B. $1.67. C. $0.20. D. $0.05.
Economics