Typically the more risk the more reward.
Answer:
bond's selling price is $6154
Explanation:
given data
face value = $5,000
interest = 8 % of face value
rate = 6.5 %
to find out
bond's selling price
solution
we find interest that is
interest = 8 % of face value
interest = 8 % × 5000
interest = 400
so we consider bond selling price is x
so
bond selling equation will be
interest = rate × bond selling price
400 = 0.065 × x
x = 6154
so bond's selling price is $6154
Answer:
14.2
Explanation:
the solution is shown in the picture attached
Answer:
the monetary base is $150 billion
Explanation:
The computation of the monetary base is shown below:
Monetary base is
= Currency held by the public + reserve held by the banks
= $100 billion + $50 billion
= $150 billion
Hence, the monetary base is $150 billion
We simply applied the above formula so that the correct value could come
And, the same is to be considered