1)Bonds issued by the Asian Development Bank (ADB) would most likely be:

quasi-government bonds.

supranational bonds

global bonds.

2)

Will Smith, is estimating a value for an infrequently traded bond with 6 years to maturity, an annual coupon of 7%, and a single-B credit rating. Kate obtains yields-to-maturity for more liquid bonds with the same credit rating:

7% coupon, 8 years to maturity, yielding 7.20%.

7% coupon, 5 years to maturity, yielding 6.40%.

The infrequently traded bond is most likely trading at:

par value.

a discount to par value.

a premium to par value.

3)

1. Antonio Banderas is estimating a value for an infrequently traded bond. Using matrix pricing, he wants to estimate the approximate YTM for 7 year Bond with a par value equal to $1000 that pays coupons annually. The coupon rate equals 5%. There are other bonds that are characterized by a similar credit risk, the YTM for them are:

Bond	Maturity	YTM
A	6	6%
B	9	7,5%

The approximate YTM for infrequently traded six-year bond is

6.5%

6%

7%

4)

A corporate bond is quoted at a spread of +226 basis points over an interpolated 15-year U.S. Treasury bond yield. This spread is a(n):

G-spread.

I-spread.

Z-spread.