1. Discuss the changes that have started taking place in the debt market in the post-liberalization scenario.

2. Briefly describe various types of corporate bonds.

3. State the basic bond valuation formula.

4. State the valuation formula for a bond that pays interest semi-annually.

5. Explain and illustrate the following yield measures: current yield, yield to maturity, yield to call, and realized yield to maturity.

6. Discuss the functions of debt rating.

7. Describe the key features of the methodology used for debt rating