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ICE Princess25 [194]
3 years ago
10

Suppose you bought a bond with an annual coupon rate of 7.4 percent one year ago for $897. The bond sells for $926 today. a. Ass

uming a $1,000 face value, what was your total dollar return on this investment over the past year
Business
1 answer:
stiv31 [10]3 years ago
8 0

Answer:

Total dollar return is $103.00

Explanation:

The total dollar return on the investment comprises of the increase in price as well as the annual coupon of 7.4% of face value received over the holding period of one year.

annual coupon=face value*coupon rate=$1000*7.4%=$74.00

increase in bond's price=$926-$897=$29.00  

Total dollar return on investment=$74.00+$29.00  

Total dollar return on investment=$103

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If a country imposes a tariff on imported shoes, we expect the domestic price of shoes to ______ .
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A levy on imported goods is known as a tariff. The use of an example is the simplest way to explain how it operates. The US lumber industry is the example we've used throughout this section, and it's continuing below. The domestic equilibrium price and quantity in the domestic market are $1,000 per board foot and 40 million board feet, respectively. PD = $1,000 and QD = 40,000,000 are used to represent this. The world price, or PW, in this instance is significantly less than the local price. While this is not always the case, if PW is higher than PD, there is no reason to import (This model assumes that imports are identical to domestic products in every respect except for price).

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60 million board feet of lumber are imported from Canada out of a total production of 70 million board feet, 10 million of which are produced domestically.

To lean more about Tariffs from the given link.

brainly.com/question/26923792

#SPJ4

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