The formula for the yield to maturity, i, on a discount bond is
A) i = (Face value - Discount price)/Discount price.
B) i = (Discount price - Face value)/Discount price.
C) i = (Face value - Discount price)/Face value.
D) i = (Discount price - Face value)/Face value.
A
Economics
You might also like to view...
Which of the following would cause the short-run aggregate supply curve to shift to the left?
A) an increase in the price level B) an increase in inflation expectations C) a technological advance D) a decrease in interest rates
Economics
Supply-side theories of the business cycle focus on how improper incentives lead to the unwillingness of producers to supply more goods and services at existing prices.
Answer the following statement true (T) or false (F)
Economics