1.

Which of the following situations would require an increase in the coupon rate for a bond issued by a corporation which is offered at par in a primary offering?

I. The addition of a call provision II. The addition of a convertibility option III. The addition of a put provision IV. The addition of a sinking fund provision

		I, II, III, and IV
		I only
		II, III, and IV
		III only
		II and IV

2.

Which of the following would be economic factors impacting interest rates?

I. The tightness or ease of conditions in the capital market (i.e., the availability of the supply of investments in the capital markets). II. The ability of the issuer to service their debt. III. The expected rate of inflation in the general economy. IV. The indenture (bond covenant) provisions of the bond issue. V. The real growth rate of the economy (as reflected in Real GDP).

		I, II, III, and V
		I, II, and IV
		I, III and V
		II, III, IV, and V
		I, II, III, IV and V

3.

A certain family has a car loan of $24,623 with a local bank. Because of this loan balance the family would classified as a:

		demander of loanable funds
		deficit savings unit
		deficit budget unit
		all of the above
		none of the above