Draw economy production possibilities-lowers banana harvest
Here are two goods in the economy, anchovies (a fish) and bananas (a farm product). Draw the economys production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
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Sadik Inc.'s bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?
Draw the economys production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
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