1. Bonds issued by BB&C Communications that have a coupon rate of interest equal to...
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Finance
1. Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10 percent currently have a yield to maturity (YTM) equal to 8 percent. Based on this information, it is understood that BB&C's bonds must currently be selling at a premium in the financial markets.
TRUE OR FALSE??
2. Everything else equal, if the United States runs a large foreign trade deficit, the financing of the deficit will:
decrease tax revenue.
increase the money supply.
increase government subsidies.
decrease sales of Treasury securities.
increase interest rates.
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