NASTY AND ALSO THE GUY THE ANSWERED IS NOW BANNED HAHAHA
Answer:
Price at issuance is $1,000 for both bonds.
Price of the 5 year bond after the market rate increased to 7.4% is:
PV of face value = $1,000 / (1 + 3.7%)⁸ = $747.77
PV of coupon payments = $27.50 x 6.81694 (PV annuity factor, 3.7%, 8 periods) = $187.47
Market price = $935.24
this bond's price decreased by 64.76/1,000 = 0.06476 = 6.48%
Price of the 10 year bond after the market rate increased to 7.4% is:
PV of face value = $1,000 / (1 + 3.7%)¹⁸ = $519.97
PV of coupon payments = $27.50 x 12.97365 (PV annuity factor, 3.7%, 18 periods) = $356.78
Market price = $876.75
this bond's price decreased by 123.25/1,000 = 0.12325 = 12.33%
I believe its owners , but hopefully i helped
Answer:
The answer is B.
Explanation:
Unemployed people are those who are out of work and who are actively looking for a job. They are also those citizens they are willing to work but cannot find.
The unemployment rate is 6 percent.
So, The number of unemployed workers in this economy is 9 million (6 percent of 150 million civilian labour force)
We cannot use the total population because out of it, we have young citizen and old ones who are not searching for or willing to work.
You just have to study them
