genyjoannerubiera
29.03.2021 •
Business
During recessionary periods, bonds that were issued many years ago have a higher coupon rate than currently issued bonds. Therefore, they may sell at a premium, a price higher than their face value, because of currently low coupon rates. A $50,000 bond that was issued 15 years ago is for sale for $58,000. What rate of return per year will a purchaser make if the bond coupon rate is 17% per year payable quarterly, and the bond is due 5 years from now
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Ответ:
A Duty is a responsibility that can exist because of moral or legal obligations. You're required to do those. A citizen's responsibility is something that is expected from you to do in order to help improving the society, but it is not mandatory. Voting and defending the constitution are a citizen's responsibility, but not voting and arguing against the constitution are also a citizen's rights.