b. a claim on the earnings and assets of a company.
c. an expense.
d. a share of bonds in a corporation.
Clear my choice
Question 2
Answer saved
M arked out of 1.00
If you have a R5000 coupon bond that pays R400 every year, what is the coupon rate?
a. 8%
b. R8
c. 0.8
d. 12.5
Clear my choice
, Question 3
Answer saved
M arked out of 1.00
The concept of ______ is based on the notion that a rand paid to you in the future is, in general, less valuable to you
than a rand today.
a. present discounted value.
b. future discounted value.
c. deflation.
d. interest.
Clear my choice
Question 4
Answer saved
M arked out of 1.00
Which of the following statements correctly describes the average price of goods and services in an economy?
a. It is the aggregate price level.
b. It is the price determined by the South African Reserve Bank.
c. It is the rate of change in the expenses of the government.
d. It is the rate of change in the inflation rate.
Clear my choice
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller oscardiura. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R100,00. You're not tied to anything after your purchase.