Answer:
B. the weighted average time to maturity of the bond's cash flows
Explanation:
t = time to maturity
r = required return
C = coupon payment
M = maturity
V = market value
Frm the duration formula we can notice there is a weighted average as there is a sum of the coupon payment which is latter divide over the bonds market value
Federal Communications Commission, because they can stop you from being called from the companies. :)
$396,200 + 61,250 + 27,600+ 9,000+ = 479,000 dollars
It is an elastic good and to increase the revenue, the producer should decrease the price of the good.
<u>Explanation:</u>
The good that has a price elasticity of demand with a coefficient of 1.6, the good is said to have elastic demand. For such a good, the producer should decrease the price of that good to increase its revenue. With the decrease in the price, the demand of the good will increase significantly. This will help him increase his revenue.
