you are thinking about buying a bond that offers a coupon rate of 6% but with semi-annual coupon payments. the bond has exactly 7 years remaining to maturity. the face value of the bond is $1,000. your required return is 8.16% per year. how much should you be willing to pay for this bond?

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.