4.

A) Explain the total return, the current yield, and the capital gains yield for a bond and how each is determined.

B) What is price risk for a bond? What is reinvestment risk for a bond? What bonds would have the most price risk? What bonds would have the least price risk?

C)

How is default risk measured for a bond? What lets you know a bond is investment grade? What lets you know that a bond is speculative (junk)?