Course Hero Logo

Which one is not the function of money a payment of

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 2 - 3 out of 7 pages.

1.Which one is not the function of money?a.Payment of transactionb.Medium of exchangec.Unit of accountd.Store of value
2.You are considering buying a new house, and have found a 20-year-fixed mortgage is available with an annual interest rate of 6%.You are required to pay monthly. Then what is the corresponding monthly rate? Round off to 4 decimal points!
3.A lot of emerging economy currencies show large positive interest differentials relative to euro. What does this signal about thefuture evolution of the emerging economy currency?
4.If US investor protection laws were abolished, the interest spread between government bonds and corporate bonds is likely to:
5.Suppose you need to choose to invest between corporate bonds or stocks. If the government decides to increase the tax on capitalgains from stocks, holding everything else constant, then the quantity of demanded bonds _____ and the ____of bonds increases.Fill in the missing words:a.decreases, priceb.decreases, yield to maturityc.increases, priced.increases, yield to maturity
6.If you have available: the yield of government bonds with a maturity of five years, of BAA-corporate bonds with a maturity of fiveyears and of AAA-corporate bonds with a maturity of five years, you can comment on:
7.When the time to maturity of a bond equals the holding period, there is no___
8.Which of the following stylized facts can the expectation theory and liquidity preference theory not be used to explain:

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 7 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Kerkhoffs

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture