An increase in savings (D) increases interest rates. An interest rate is the cost of borrowing money. It is also the compensation for the service and risk of lending money. Without that, the willingness of the people to lend money will be low.
Answer:
having a professional appearance while attending to costumers.
Explanation:
Answer:
97.37 SF
Explanation:
Swiss bond purchase price = 1,000 SF
Swiss bond current value = PV at maturity + PV of coupon payments = (1000 / (1 + 0.10)^7) + (80 * (1 - (1 + 0.1)^-7) / 10% = 513.16 + 389.47 = 902.63 SF
Loss to investor who holds Swiss bond for a year = 1,000 - 902.53 = 97.37 SF