1. You own a bond issued by the CP railroad that promises to pay the holder $100 annually forever.
You plan to sell the bond three years from now. If similar investments yield 6 percent at that time, how much will the bond be worth?
2. Which of the following are key economic statistics that are used to describe the state of the macroeconomy?
I) Gross domestic product II) The unemployment rate III) Inflation IV) Consumer sentiment V) The budget defcit I, II, and V I, II, and III I, II, III, and V I, II, III, IV, and V