1.Interest rates have fallen over the seven years since a $1,000 par, 10-year bond was issued with a coupon of 7 percent. What is the present value of this bond if the required rate of return is currently four and one-half percent? (For simplicity, assume annual payments.) A) $1,068.72 B) $1,052.17. C) $1,044.33. D) $937.71.
2.A bond issued by the government of Italy is likely to be denominated in which one of the following currencies?
A) U.S. dollars. B) Swiss francs. C) Pounds sterling. D) Euros.
3.Which one of the following combinations represents an accurate classification of security owner options and security issuer options?
Security Owner Options | Security Issuer Options |
A) A call provision A prepayment option B) A floor A prepayment option C) A cap An accelerated sinking fund D) A floor A put provision
4.A bond has a par value of $5,000 and a coupon rate of 8.5 percent payable semi-annually. The bond is currently trading at 112.16. What is the dollar amount of the semi-annual coupon payment?
A) $238.33. B) $425.00. C) $476.66. D) $212.50.
5.Which one of the following alternatives represents the correct series of payments made by a typical 6 percent U.S. Treasury note with a par value of $100,000 issued today with five years to maturity?
Number and size of each intermediate payment Payment made at maturity
A) 9 semiannual payments of $3,000 $100,000 B) 4 annual payments of $6,000 $106,000 C) 9 semiannual payments of $3000 $103,000 D) 4 annual payments of $6,000 $100,000
[此贴子已经被作者于2008-4-7 13:41:42编辑过] | 
发表于 2008-4-7 11:08
|