Bonds Demand Formula In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00415BG
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Word;
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Description
A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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(a) What is the expected equilibrium price and quantity of bonds in this market? There's going to be an inverse relationship between the interest rate and bond prices if interest rates fall bond prices are going to increase.â—‡ Debt Service Reserve Fund - Provides a cushion to make timely debt service payments in the event of temporary adversity. The money supply has to decrease if you want interest rates to increase.
