Answer:
A. the supply of parking will be more elastic and the price of parking will increase by a relatively large amount the night of the game.
I think it is D (tobacco)
Hopefully this helps.
Answer:
Coupon Rate = 8.1%
Explanation:
Given:
Nper = 18 x 2 = 36 semiannual
Rate = 6.6% / 2 = 3.3% semiannual
Future Value = $1,000
Present Value = $1,156.50
Find:
Coupon rate
Computation:
Annual Interest Payment = PMT(Rate,Nper,PV,FV)2
Annual Interest Payment =PMT(3.3%,36,-1156.50,1000)2
Annual Interest Payment = $80.98 = $81 (Approx)
Coupon Rate = [Annual Interest Payment / Face Value]100
Coupon Rate = [81/1000]100
Coupon Rate = 8.1%
Answer:
profit.
Explanation: its just right
