Question
1. What is the value of a bond? The sum of the coupon payments of the bond. The present value of its coupon payments plus
1. What is the value of a bond?
| The sum of the coupon payments of the bond. The present value of its coupon payments plus face value. The future value of its cash flows. The face value of the bond plus coupon payments. The face value of the bond. None of the above |
2. What is the highest grade of high yield bonds?
| AAA BBB BB C CCC None of the above |
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Chains Of Finance How Investment Management Is Shaped
Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova
1st Edition
0198802943, 978-0198802945
