If the final expressions in a present value equation used to calculate the price of a bond you are considering buying are "[$50 / (1 + .08)3] + [$500 / (1 + .08)3]", which of the following is correct?
A) The coupon is $50, the interest rate you need is 1.08 percent, and the coupon will mature in 3 years.
B) The face value is $50, the interest rate you need is 8 percent, and the coupon will mature in 3 years.
C) The face value is $500, the coupon is $50, and the coupon will mature in 3 years.
D) The face value is $500, the interest rate you need is 3 percent, and the coupon will mature in 8 years.
C
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Which of the following sources of productivity is the most difficult to acquire?
A) education B) experience C) talent D) training
In some markets, demand can be approximated by Q = 50?5P + 10Ywhere Q is quantity, P price per unit, and Y = buyers’ income. Supply can be approximated by Q =?5 + 10P. a. If Y = 20, what is equilibrium price and output? b. If Y rises to 25, what is the new equilibrium price and output? ?
What will be an ideal response?