Answer:
TRUE
Explanation:
The coupon rate for a bond is fixed and is paid by the issuer of the bond to the bondholder. The cash outlay/inflow to the issuer/bondholder is always the same reardless of the market rate.
The effect of the market rate is on the cost to acquire the bond in the secondary market. It do not change the coupon obligation.
Answer:
The correct answer is letter "C": is an assumption that economists make to have a useful model for how decisions are made.
Explanation:
Rational Behavior guides the decision-making process towards choices that maximize individuals' benefits. Most economic theories assume that any individual taking part in action or activity is behaving rationally. Given the choice, people would choose something that increases their satisfaction.
The process wereby banks make loans equal to amount of their excess recerves and create new checkbook money is known as multiple deposit creation each time a bank recieves a deposit it sets aside some of it to meet reserve requirements and may lend an amount equal to the remaing excess reserves
Answer:
$9,000,045
Explanation:
You will need more than HALF of the shares to win.
400,000 shares are there
Half of it:
400,000/2 = 200,000 shares
You would need 1 more to it, so:
Shares needed = 200000 + 1 = 200,001 shares
Total Cost would be the number of shares needed multiplied by the price of each share.
So,
<u>Total Cost = 200,001 * 45 = $9,000,045</u>