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1. Calculate the duration of a par value bond with a coupon rate of 8% and a remaining time to maturity of 5 years.
2. On September 26, the spot price of gold was $320 per ounce and the price of a December future on gold (three months to maturity) is $322. What would be the price of a March futures contract? The six-month interest rate is 6% per year and the three month interest rate is 5% per year.
How much money can banks create? Does this mean that banks can create an unlimited amount of money? The answer is no - that would require them to lend an unlimited amount of m
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If income falls below its potential and the income tax rate is reduced, this will: A. raise the passive deficit but reduce the structural deficit. B. raise both the passive and str
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a complete demend funtion equation
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The NJ Bureau of Employment gathered the following sample information on the number of hours unemployed workers spent looking for work last week. Hours Spent Searching Number of Un
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