Answer:
Current yield=5.6%
Explanation:
<em>The current yield is the proportion of the current price of a bond earned as annual interest payment.</em>
<em>Current yield = annual interest payment/bond price</em>
<em>Annual interest payment = coupon rate × face value</em>
= 5.44% × $2000
= $108.8
Current yield
= annual interest payment/price
= $(108.8/1,930.36) × 100
= 5.6%
Note we used the annual interest payment nothwithstanding that interests are paid semi-annually
Answer:
tempering
Explanation:
i was searching g o o g l e and it took a while to figure it out i am sure this is the correct one.
<span>a) grant temporary tax exemptions to groups and individuals that start new businesses</span>
Answer:
A
Explanation:
The quantitative theory of money states that MV=PT.
M: money supply
V: velocity of circulation (number of times that a dollar changes of holder in a period)
P : price of a typical transaction
T: total number of transactions.
We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).
If M has a constant growth but there are fluctuations in V, then P, Y or both change.