Answer:
The YTM is less than 10%
Explanation:
If a coupon rate of a bond is greater than its yield to maturity (YTM), the bond is said to trade at a premium. The Bond's current price would be greater than its Face value
If a coupon rate of a bond is less than its yield to maturity (YTM), the bond is said to trade at a discount. The bonds current price would be less than its face value
In this Question, the bond's current price ($1,197.93) is greater than its face
($1,000) which means that the bond is trading at a premium. Therefore, we can conclude that the bond's YTM is less than its coupon payment. In this question the coupon rate is 10%, therefore the YTM should be less than 10%.
It’s B or D i would think but I can’t be for positive.. sorry if it’s wrong
Answer:
<em>For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.</em>
Explanation:
<em>M1 money supply comprises of currency in physical form and coin, the demand deposit( check-able) travelers check</em>
<em>
M2 money supply comprises of Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises money. that is less liquid/</em>
- <em>
Kenji has $25000 in a money market account - it belongs to the category of M2 money supply.</em>
- <em> Lucia has $8000 in a two year CD, it belongs to the category - M2 which is money supply
</em>
- <em>Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the physical currency. these category belongs in M1. As M2 money supply contains M1 therefore this example also belongs in M2.
</em>
Im not completely sure bc i dont see anything other than letters so im gonna say B
