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7. Riverside Metals recently issued some debt that had an original maturity of nine months. This debt is best classified as a(n): A. option contract.

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7. Riverside Metals recently issued some debt that had an original maturity of nine months. This debt is best classified as a(n): A. option contract. B. money market instrument. C. fixed-income security D. derivative security E. futures contract Use the following bond quotes to answer this question: Issuer Name Coupon Maturity Low Change Alpha Industrial 5.875 Apr 2010 99.823 98.667 99.102 +.008 Beta Movers 7.120 May 2036 103.407 100.013 103.354 +010 8. What is the current price of a $1,000 face value Beta Movers' bond? A. $1,000.10 B. S1,000.13 C.SI,033.54 D. $1,033.64 E. $1,034.17 9. Which one of the following represents a residual ownership interest in the issuer? A.U.S. Treasury bond B. corporate bond C. municipal bond D. preferred stock E. common stock Use these option quotes to answer this question: Strike Symbol Last Che Bid Ask Vol Open Int 47.50 JLHW.X 6,00 10.25 5.90 6.10 18 12 50,00 JLHJX 4.75 10.30 4.80 5.00 17 14 10. The price you will pay (per underlying share) to buy the 50 call option on JL stock is A. $4.75 B. $4.80. C. $5.00. D. $5.90 E. $6.00

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