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Table 7-4 -Refer to Table 7-4.At the Equilibrium Price,what Would Consumer Surplus

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Table 7-4
Table 7-4    -Refer to Table 7-4.At the equilibrium price,what would consumer surplus be A) $12 B) $20 C) $24 D) $48
-Refer to Table 7-4.At the equilibrium price,what would consumer surplus be

Recognize the tax advantages of certain bonds, specifically municipal versus corporate bonds.
Understand the quoting conventions for Treasury bonds and how to calculate purchase and selling prices.
Assess the impact of interest rate volatility on bond preferences and the factors affecting bond investment decisions.
Master the concept of yield to maturity (YTM) and yield to call (YTC) and their determinants.

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