A customer purchases 3M of Chicago Water Authority 5% revenue bonds maturing in 2039 at 87. The interest payment dates are Mar 15th and Sept 15th. The trade took place on Monday, Apr 14th. How much will the customer pay for the bonds, excluding commissions and accrued interest?A. $870
B. $2,610
C. $3,000
D. $4,350

answer; complain or request hazard correction from your employer;

answersecondary succession;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.