1. Mark all that are correct. Which feature of a bond changes due to market action?

Price

Yield to Maturity

Maturity Date

Time to maturity

Coupon rate

2. Which of the following changes if we are solving a yield to call?

Group of answer choices

maturity date

maturity value

price

coupon rate

3. If you want to lock-in an exact amount you will be paid in the future, the obvious choice to do that is to buy:

Group of answer choices

corporate bonds

semi-annual bonds

zero coupon bonds

municipal bonds

4. Which of the following have lower YTM because of this feature:

Group of answer choices

less frequently traded

has longer maturity

municipal bond

higher credit risk

5. Mark all that apply. Bond credit risk is an important part of the bond market. Who decides credit quality of bond issues?

Group of answer choices

Municipal governments

Moody's

US govermemt

No one

Standard and Poor's

6. Mark all that apply. Which of the following impacts bonds interest rate price risk ?

Group of answer choices

coupon rate

size of the bond

it's credit rating

it's liquidity

maturity date

7. Mark all that apply. If you are concerned that interest rates are going to rise in the near future, which type of bond would you want to own?

Group of answer choices

short maturity

low coupon

long maturity

high coupon