Smith Company has an issue of $1,000 par value bonds with a 10 percent coupon rate with interest payments made semiannually. The issue has ten years remaining to the maturity date. Bonds of similar risk are currently selling to yield a 6 percent annual rate of return. The current value of each bond is . Group of answer choices

tell me the question and i will be able to answer : )

answerall of these;

answer$22,000 ;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.