Answer:
Interest
Explanation:
Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.
The best answer is B) Scarcity
Scarcity refers to the fact that we do not have an unlimited amount of resources with which to obtain the things we want. In this case, students have various obligations and desires, such as working, relaxing, and doing homework, but a scarcity of time with which to do these things.
As a seller we would receive $1,041.25
<u>Solution:</u>
You may receive the bid price of the dealer,
of $1,000, or $1,041.25
Prices of treasury bonds are expressed as par value amounts.
The quote price of 104:25 means that the bond is priced at
of the par value.
Therefore, if the debt is $1,000, the dollar values to be charged by the borrower should be 