What is the real interest rate if the nominal rate is $8\%$ and the expected inflation rate is $5\%$ over the year?A$.-3\%$B$.3\%$PINKC. $2\%$D$.13\%$If a $$2,000$ coupon bond has a coupon rate of $13$ percent, then the coupon payment every year is$.$A$.$ $$130.$B$.$ $$1,300.$C$.$ $$650.$D$.$ $$260.$What is the main function of financial markets? Explain how a well$-$functioning financial market is important for the growth of an economy.When the lender and the borrower have different amounts of information regarding a transaction, this inequality of information between them is called.A$.$ asymmetric informationB. adverse selectionC. fraudD. moral hazardessay questionWhat is the main function of financial markets? Explain how a well$-$functioning financial market is important for the growth of an economy.