You are given the following yield curve: Year Spot Rate
1 5.00%
2 4.50%
3 4.00%
4 4.00%
5 4.00%

A three year annual coupon $1000 par-value bond has a coupon rate of 4%. Use the yield curve above to find the price P and then use this price to find the yield to maturity.

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

Which of these is not a result of regular exercise

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?