What is the current market price of a bond that pays $200 per year indefinitely and has a current yield of 16 percent?

a. $800
b. $1250
c. $3,200
d. $8,000
e. $12,500

b

Economics

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In the figure above, the shift in the demand curve for U.S. dollars from D0 to D1 could occur when

A) the expected future exchange rate decreases. B) the U.S. interest rate rises. C) people expect that the dollar will depreciate. D) foreign interest rates increase.

Economics

Marginal cost is defined by the slope of the total revenue curve

a. True b. False Indicate whether the statement is true or false

Economics