You bought a 4-year bond with 10% coupon rate and $1,000 face value that is offering a 9% current yield today, exactly two years after its issue date (after its second coupon payment). a) (10 points) What is the yield on this bond today

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.