8. An Australian company issues bonds denominated in pound sterling that are sold to investors in the United Kingdom. These bonds can be described as: a. Eurobonds. b. Global bonds c. Foreign bonds. 9. A company has issued a floating-rate note with a coupon rate equal to the three-month Libor 65 basis points. Interest payments are made quarterly on 31 March, 30 June, 30 September, and 31 December. On 31 March and 30 June, the three-month Libor is 1.55% and 1.35%, respectively. The coupon rate for the interest payment made on 30 June is: a. 2.00% 1.55+65 b. 2.10% c. 2.20% 10. The provision that provides bondholders the right to sell the bond back to the issuer at a predetermined price prior to the bond's maturity date is referred to as: A put provision. b. A make-whole call provision. c. An original issue discount provision. 11. The distinction between investment grade debt and non-investment grade debt is best described by differences in: a. Tax status. b. Credit quality. c. Maturity dates. 12. A bond with two years remaining until maturity offers a 399 coupon rate with interest paid annually. At a market discount rate of 4%, the price of this bond per 100 of par value is closest to: a. 95.34 b. 98.00 98.11 2100 (144) Tril Page 4 of 7