the bank which monitors,regulates amd control the financial system of the economy is known as central bank whereas commercial bank is the banker to the citizen
Answer:
Missing question "<em>If the interest rates increase by 50 basis points, What will be the percent change in price for the bond? Why?
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Modified Duration = Macaulay Duration / (1 + YTM)
Modified Duration = 7.2 / (1 + 10%)
Modified Duration = 7.2 / (1 + 10%)
Modified Duration = 6.55
% Change in Bond Price = - Modified Duration x Change in int rates
% Change in Bond Price = - 6.55 x 0.5%
% Change in Bond Price = - 3.27%
Thus, the Interest rates and bond prices are inversely related. Hence, increase in interest rates would lead to decline in bond prices.
May be different for mega free galaxy or Milky Way
The answere would be C, union power
A tariff is a type of trade penalty imposed on one or more countries by one or more other countries.
