If a bond's purchase price is equal to its par value, its coupon rate equals its yield to maturity. A bond's par value is its face value, or the stated value of the bond at the time of issuance, as determined by the issuing entity.
It is the same as the coupon rate and is the amount of income you receive on a bond expressed as a percentage of your initial investment. If you buy a $1,000 bond and receive $45 in annual interest payments, your coupon yield is 4.5 percent. When the interest rate on a loan rises (when interest rates rise).
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The believe the correct answer is a
Answer:
<em>Yes, because one can't restrict trade between states.</em>
Explanation:
Justice Rutledge said that "Congressional control over commerce practiced completely without regard to coordinated government action was not limited, except where specifically given by the Constitution, by any restriction that prohibits it from discriminating towards interstate trade or commerce and in preference to local trade.
Its legislative range allows Congress not just to encourage but to also ban interstate trade, since it has accomplished often and for a large number of reasons.
I believe it is D. When the market prices of some vehicles are too high for some buyers.