1 The yield to maturity on a bond is:

a) equal to the coupon rate divided by the current market price.

b) another name for the current yield.

c) the current required market rate.

d) equal to the annual interest divided by the face value.

e) another name for the coupon rate.

2 The value of a bond is dependent upon which of the following? I. market rate of interest II. coupon rate III. stock price IV. time to maturity

a) I and III only

b) II and IV only

c) I and IV only

d) I, II, and IV only

e) I, II, III, and IV