Multiple Choice
Consider a bond with a $100,000 face value that matures in 1 year.If the bond pays a nominal interest rate of 8%,what is the bond's discount?
A) $8,000.
B) $7,407.
C) $4,000.
D) $1,250.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q39: Beginning in 2013,a local government in Georgia
Q40: The representative agent chooses to consume<br>A) his
Q41: A higher demand for capital implies a
Q42: When the annual interest rate is 7
Q43: It would be irrational to promise to
Q45: If the marginal product of capital is
Q46: Artists as a whole would be better
Q47: Firms have an incentive to practice planned
Q48: A bond that promises a series of
Q49: You have a bond that will pay