Multiple Choice
If a bond sells for $1,000 and pays $100 per year in interest, the interest rate on the bond is
A) 20 percent.
B) 10 percent.
C) 5 percent.
D) 100 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q78: If we assume that velocity is constant,
Q79: The transactions demand for money exists because
Q80: The precautionary demand for holding money arises
Q81: The prices of all fixed-income assets (bonds)<br>A)
Q82: According to the quantity theory of money<br>A)
Q84: Both the precautionary and asset demand for
Q85: Suppose the actual federal funds rate is
Q86: Suppose the economy has a recessionary gap.
Q87: Something that affects the amount of money
Q88: If both nominal and real GDP are