Answer:
I will be willing to pay $1,106 for a vanguard bond.
Explanation:
Coupon payment = Par value x Coupon rate
Coupon payment = $1,000 x 8%
Coupon payment = = $80
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$80 x [ ( 1 - ( 1 + 7% )^-20 ) / 7% ] + [ $1,000 / ( 1 + 7% )^20 ]
Price of the Bond = $80 x [ ( 1 - ( 1.07 )^-20 ) / 0.07 ] + [ $1,000 / ( 1.07 )^20 ]
Price of the Bond = $848 + $258
Price of the Bond = $1,106
The answer is: the system is owned by the banks.
Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government. Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence
Answer: The contract law
Explanation:
The free exercise law says that people can practice whatever religion they want and no one should force a religion on someone.
Contracts Clause is in a section in the Constitution whereby the state is prohibited from doing certain things. The aim of the prohibitions is to protect citizens from state governments intrusion.
The preemption doctrine simply means that when there's dispute between two authorities, the law of the authority of law which is lower will be displaced by a higher authority.
Therefore, the correct answer is contract law.
Just try ur best and more likely ull get it
Im thinking its the uk am i right
