1) If 1 month LIBOR is 1.65% and the spread of the security you are considering is 100bps (1.00%), what would the coupon rate be?

2) a liquid secondary bond market allows an investor to sell a bond at:

A) The price of their choice.

B) A price that will always generate a gain

C) A price close to the bond's fair market value

3) how do emerging market bonds compare with developed market bonds?

A) emerging market bonds offer lower yields

B) emerging market bonds offer higher yields

C) emerging markets have lower growth prospects than developed markets.