Business, 07.04.2020 17:57 familygrahambusiness
A 10-year corporate bond has an annual coupon payment of 8%. The bond is currently selling at par ($1,000). Which of the following statement is NOT correct? The bond’s yield to maturity is 8%. The bond’s current yield is 8%. If the bond’s yield to maturity remains constant, the bond’s price will remain at par. The bond’s capital gain yield is 8%.
Answers: 2
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Business, 22.06.2019 21:40
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
A 10-year corporate bond has an annual coupon payment of 8%. The bond is currently selling at par ($...
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