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1. A bond that sells below its par value is called: a. A Premium Bond b. A Callable Bond c. A Sinking Fund Bond d.

1. A bond that sells below its par value is called:

a.

A Premium Bond

b.

A Callable Bond

c.

A Sinking Fund Bond

d.

A Discount Bond

e.

A Bond with Warrants

2. Bond Ratings primarily measure a bonds:

a.

Maturity Risk

b.

Default Risk

c.

Liquidity Risk

d.

Inflation Premium

e.

Real Interest Rate

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