If the face value of a bond is $5,000 and the coupon is $200, what is the interest rate?
What will be an ideal response?
The interest rate, or coupon rate, on a bond is calculated by dividing the coupon by the face value of the bond. In this case, the interest rate is $200 / $5,000 = 4%.
Economics
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Issuing marketable emission allowance permits to polluting firms will result in those firms polluting more than would be desired by the benevolent social planner
Indicate whether the statement is true or false
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