The answer is Rights for all its citizens
Answer:
The bond's yield to maturity is greater than its coupon rate.
Explanation:
At a discount, the price of the bond is less than its face value, from bond theory principles, this is likely to happen when YTM is more than the coupon rate of the bond. Due to this the present value of the coupons and their face value are going to be lower than 1000 since YTM is greater.
The coupon rate is given as annual interest divided by face value
While
The yield is interest/ current price.
The answer to the question is therefore
The bond's yield to maturity is greater than its coupon rate.
Answer:
D) The broker-dealer must be registered in State B in order to contact the client while she is in medical school in State B
Explanation:
Since the client will live in state B for an extended period of time, at least 4 years if she completes medical school, the broker-dealer must be registered in state B if he wishes to continue doing business with her.
If the client would have only gone to state B for a few months, then the broker could have still worked with her without registering in state B since the client could be considered on a vacation trip.
Price increase because the supply is low but the demand is more
Answer:
I. grace period during which payments are not due
II. based on student need
Explanation:
Stafford loan is a student loan that is given to students of accredited colleges to cover tuition and it is guaranteed buy the government. These loan can be subsidized or unsubsidized. The subsidized loans are the ones in which the interest is paid by the government when student in enrolled in the program and during a grace period and it is given to students with financial needs. In the unsubsidized loan, the student is responsible for all the interests generated.
