51. Which of the following attributes of a security will result in a higher required rate of return (yield):

A. Lower Default Risk B. Lower Volatility C. Higher Liquidity D. Greater Cash Flow Uncertainty E. All Of The Above

60.Interest Rate Risk is A. the potential impact of economic stress on principal received. B. the potential impact of rate changes on market values. C. The potential impact of a flight to quality on principal received. D. The potential impact of call options on market values.

61. The term ________________ would be similar to saying the markets are experiencing a flight to quality.

A. Risk-On B. Risk-Off C. Riskless D. Riskiness

62. Bonds categorized between BBB and AAA are often called A. Junk Bonds.

B. High Class Bonds. C. Speculative Bonds. D. Investment Grade Bonds. E. None of the above.