<span>An economic system is a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area.</span>
Answer:
Bond Price = $4940.8468 rounded off to $4940.85
Explanation:
The price of a zero coupon bond is simply calculated by calculating the present value of the face value of the bond that the bond pays at maturity. The formula for the price of a zero coupon bond is,
Bond Price = Face Value / ( 1 + r )^n
Where,
- r is the rate or YTM
- n is the number of periods left to maturity
Assuming that the r or YTM is always stated in annual terms, the semi annual YTM will be 5.1% / 2 = 2.55%
Assuming semi annual compounding periods, the total number of periods or n will be,
n = 14 * 2 = 28
Bond Price = 10000 / (1 + 0.0255)^28
Bond Price = $4940.8468 rounded off to $4940.85
true- To promote stability in commodity markets, international commodity agreements have relied on production and export controls, buffer stocks, and multilateral contracts.
The answer- d. Does not represent a cash flow.
The circular flow model is a model that shows the flow of money in major financial institutions.
<h3>What is
circular flow model?</h3>
- The circular flow model shows how money flows in an infinite loop from producers to households and back again.
- In an economy, money moves from producers to workers as wages, and from workers back to producers as workers spend money on products and services.
- In economics, a circular flow model represents the organization of the economy in a simple economic model.
- The diagram includes households, firms, markets for factors of production, and markets for goods and services.
- A circular flow model is an economic model that shows how money, goods, and services move between sectors of an economic system.
- This model is also known as the income cycle because money flows between sectors are also tracked to measure a country's national income or GDP.
To learn more about circular flow model from the given link :
brainly.com/question/11324259
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