Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
daniellasousa daniellasousa
wrote...
Go to Answer
Posts: 510
Rep: 25 0
4 years ago
Suppose that a bond promises to pay $107 next year but the interest rate falls from 7 percent to 3 percent per year. How much will the price of the bond be and why?
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
Read 86 times
1 Reply
Replies
Answer verified by a subject expert
yesimshayyesimshay
wrote...
#1
Posts: 360
Rep: 51 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

daniellasousa Author
wrote...

4 years ago
Thanks for your help!!
Jose^2
wrote...

Yesterday
This site is awesome
gma_of_7
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1389 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 393
  
 952
  
 142