1. Which type of bond makes a zero coupon payment? An example of such a bond would be a U.S. Treasury Bill.

Group of answer choices

A) Level-coupon bond

B) Convertible bond

C) Pure discount bond

D) Yankee bond

E) Floating-rate bond

2. The ability for a company to buy back a bond issue from investors before maturity would be related to which of the following features of the bonds indenture?

Group of answer choices

A) Call provision

B) Protective covenant

C) Sinking fund

D) Collateral provision

E) Debenture

3. The primary market is defined as the market:

Group of answer choices

A) Where shareholders trade most frequently with each other

B) With the largest number of participants

C) Where new securities are offered

D) In which the largest number of issues are listed

E) Where the largest number of shares are traded on a daily basis