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Q. What do you mean by Bond?
Bond: A financial security that represents promise of its issuer (generally a company or a government) to repay a loan over a specified time period, at a specified rate of interest. Bond can then be bought and sold to other investors, over and over again. When rate of interest falls, bond prices rise (and vice versa) - Because when interest rates are lower, bond's promise to repay interest at specified fixed rate becomes more valuable.
Explicit cost: Explicit costs are payments made by the firm when it purchases or hires factors of production for the production of goods and services. They are also referred t
There are two individuals in town, one is high risk and the other is low risk.1 The probabilities of having an accident for the low risk individual and high risk individual are p
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Suppose Dlamini has R5 000 to spend on trousers and shirts. The price of trousers is R500 each and that of shirts is R312.50 each. 6.1 Use the information and calculate consumer eq
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1. Consider the consumption decisions of R.B. Turbo, a new student at Teachers College, Columbia University. Ms. Turbo has only available $1,000 in monthly income to spend on food
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