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NYC NYC
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8 years ago
Lisa bought a 20% bond a year ago for $50,000. The interest rate has decreased to 10%. Lisa wants to sell the bond. To be able to sell the bond Lisa must charge a price of no more than:
A) $75,000.
B) $50,000.
C) $25,000.
D) $100,000.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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