The Federal Reserve decides to buy bonds and there is a change in the equilibrium bond price. What bond price is most likely? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a not enough information b 940  c 950  d 960

An option's cost (premium) before expiration reflects:      A.  The Expected  Value of any dice roll or - The Expected Cost of buying dice to roll 1000 times   B. The Expected  Value based on the history of prices for that asset or - The Expected Cost of Hedging something similar   C. The Expected  Value the Owner of the option has already spent on it or - The Expected Cost of the buyer Hedging Through the option's Life   D.

QUESTION 25 You buy a mortgage pass through security with a 7.5% coupon rate and a 5.5% discount rate. The price at the time of purchase reflects a 10% annual prepayment rate. One hour after your purchase, the expected annual prepayment rate falls to 5%. The value of your mortgage pass through security should: A. Remain the same B. Rise OC. There is not enough information to answer the question D. Fall

1. How does a mutual fund lower transactions costs through economies of scale?