A 20-year corporate bond has a par value of $1000 and a 9% annual coupon rate. Assume that your required rate of return is 10% and that you plan to hold onto this bond for 5 years. You and the market have expectations that in 5 years the yield-to-maturity for this bond (or another bond with similar risk and maturity) will be 8.5%. How much are you willing to pay for this bond today

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively