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5. Define a growth rate and a discount rate. What is the difference between the two? 6. If a bond sells at its par value,

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5. Define a growth rate and a discount rate. What is the difference between the two? 6. If a bond sells at its par value, what does this tell you about the relationship between the coupon rate, the YTM and the current yield? 7. What is a call feature on a bond? 8. What defines an uneven cash flow, and how are uneven cash flows evaluated? 9. What is the correct procedure for deciding between alternative cash flows offered in the future

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