1.Which value represents the nominal rate minus inflation?

A. Nominal interest rate

B. Real interest rate

C. Projected interest rate

D. Risk-free rate

2.What's the risk that the bonds in a dedicated portfolio will decrease in value in response to an increase in interest rates?

A. Price risk

B. Inflation risk

C. Systematic risk

D. Reinvestment risk

3.What's the discount rate that equates a bond's price with the present value of the bond's future cash flows?

A. Yield to maturity

B. Cal rate

C. Coupon rate

D. Bid-ask spread