INELASTIC
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Inelastic is a term that is used to describe a constant demand for service of goods. That means that when the price for a service or goods goes up the demand stays the same, just like when the price for them goes down.
8.04 - dollar starts the week on a very weak note
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PAR VALUE
- Anna K.
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Par value is a value for the bond or for the stock beyond which a bond or a security in general can be deemed mature. For corporate-issued securities this is a price of $1000 and higher. For government bonds the amount has to be bigger. Securities can be traded both above and beyond par value.
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