Answer:
= $5,062.5
Explanation:
A municipal bond represents a security usually of debt used primarily for capital expenditure financing by the government of a municipality, a state or a county. Such capital expenditure includes building infrastructures such as roads, schools, hospitals, bridges among several others.
Municipal bonds are usually exempted from taxes; federal taxes and even in quite a number of states both the state and the local taxes. This is done to motivate the people to purchase the bonds.
To calculate the price of the bond in dollars, the step is to
Multiply the Municipal bond quote (in percentage) by the Municipal bond par value
= Municipal bond quote = 101.25%
Municipal bond par value= $5,000
= 101.25% x $5000
= $5,062.5
In economics, diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.
Oligopoly is a form of firm syndicate that consist of traders that has same product and try to gain more profit by collaborating to each other.
<h2>Further
Explanation:</h2>
There are couple of types of market
- Perfect competition
- Oligopoly
- Monopoly
<h2>Learn more </h2>
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Answer:
$12,000
Explanation:
Gain = Sold duplex - Fair market Valve
Gain = 312,000 - 300,000
Gain = $12,000
Therefore $12,000 gain was recognized
