jadeaguayo28
16.03.2020 •
Business
Ou purchase a bond with an invoice price of $1,021. The bond has a coupon rate of 5.48 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond
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Ответ:
BRA= -$44 billion
Explanation:
Balance of payment accounts records all transactions between citizens of a country and citizens of foreign countries. They are made up of the current account, capital account, statistical discrepancy, and reserve account.
In a fixed exchange rate regime the combined balance of capital accounts and current accounts will be the same but opposite in sign.
The formula is:
BCA + BKA= -BRA
130 billion - 86 billion= -BRA
44 billion= -BRA
Multiply through by -1
BRA= -$44 billion