A6-year circular file bond with a face value of $1,000 pays interest once a year of $80 and sells for $986. a. what are its coupon rate and yield to maturity? (do not round intermediate calculations. enter the coupon rate as a percent rounded to 1 decimal place and the yield to maturity as a percent rounded to 2 decimal places.) coupon rate % yield to maturity % b. if circular wants to issue a new 6-year bond at face value, what coupon rate must the bond offer? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) coupon rate %

The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond