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9 Cards in this Set
- Front
- Back
a bond that is bought at a price below its face value and the face value is reapid at a maturity date is called
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discount bond
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the price of a consol equals the coupon payment
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divided by the interest rate
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which factor will casue the demand for all asets to increase when it increases, everything else held constant
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wealth
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an increase in an asset's expected return relative to that of an alternative asset, holding everythign else constant, ______ the quantity demanded of the asset
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increases
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you would be more willing to buy at&t bonds if
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the brokerage commissions on bond sales becomes cheaper
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when the price level ____, the demand curve for money shifts to the _____ and the interest rate ______
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falls, left, falls
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banks loans from the federal reserve are called ____ and represent a ___ of funds to the commercial bank
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discount loans, source
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the legislation that separated investment banking from commerical banking until its repeal in 1999 is known as the
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glass-steagell act
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state banks that are instured but not members of the fed system are most likely to be examined by
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FDIC
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