Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest payments. She sold the bond after 6 months and ear
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Answer:
for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising
Explanation:
Using the below expression to determine the range of interest rates could these firms use trigger strategies to support the collusive level of advertising; we have:
where;
Then :
=
=
%
Thus; for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising