Notes
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2 - money purchases, wealth total
3 - 6% IR pv 100 = 94
4- Lotto 20 mill - discounting future
5 - inc asset demand - wealth
6 - exp corp fall, demand corp fall
7 - dem diamond inc, dem gold, dec
8 - suppy curv bond - rises, q supply
9 - money supply mkt excess demand for - not dec, bonds, rise
10 - excess sup money - buy bonds, IR dec
11 - IR rise, liquidity effect
12 - barter to money - inc eff reduce trans costs
13 - US M1 - currency +trav
14 - save to mmkt - m1 +m2 stay same
15 - holiday spending - seasonal variation
16 - simple loan 2 yrs - 5%
17 - coupon bond - price=fv then ytm+cr
18 - highest yield to maturity - not 10% @5k (calculate them all out
19 - yield 90 1000 t-bill - not 5% (this is a discount
20 - coupon vs discount - not c>maturity
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