1. Bryceton, Inc. has bonds on the market with 13 years to maturity,a yield-to-maturity of 9.2 percent, and a current price of $895.09. The bonds make semiannual payments. What is the coupon rate?
A.7.80 percent
B. 8.00 percent
C. 8.25 percent
D. 8.40 percent
E. 8.65 percent
2. 1. What is money and its functions?
2. What is meant by the term "Dollarization?"
Define :
a. Asymetric Information
b. Adverse selection
c. Moral Hazard