Calculate the coupon rate for a 5 year £500 bond that has a coupon value of £10

(10 x 5) (coupon value x length of bond) = 5050/500 (previous answer/bond value) = 0.10.1 x 100 (coupon rate as percentage) = 10%

LC

Related Economics A Level answers

All answers ▸

Explain one disadvantage of increasing the budget deficit


Between 2010 and 2015 the average price of tea in the UK increased from £7.20 per kilo to £8.48 per kilo. Over the same period the quantity of tea purchased fell from 97 million kilos to 76 million kilos. Find the price elasticity of demand


Define the term ‘derived demand’


Explain how The Monetary Policy Committee controls inflation within the UK economy.