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A 12-year bond was issued five years ago. The bond is denominated in US dollars, offers a coupon rate of 10% with interest paid semi-annually,

A 12-year bond was issued five years ago. The bond is denominated in US dollars, offers a coupon rate of 10% with interest paid semi-annually, and iscurrently priced at 102% of par. The bonds:

A.

tenor is five years

B.

nominal rate is 5%

C.

tenor is seven years

D.

price must be $1,020.00

Short-term, unsecured promissory notes issued in the public money market or via a private placement that represents a debt obligation of the issuer:

A.

Commercial paper

B.

U.S. Treasury bills

C.

Federal Funds loans

D.

Repurchase agreements

A semi-annual 6.000% coupon corporate bond was purchased for settlement on February 12, 2015. The last coupon was paid on October 15, 2014. The maturity date is April 15, 2022. How many days passed between the last coupon paid and the settlement date?

A.

117 days

B.

118 days

C.

120 days

D.

116 days

A semi-annual 6.000% coupon corporate bond was purchased for settlement on February 12, 2015. The last coupon was paid on October 15, 2014. The maturity date is April 15, 2022. How many days are there in the current coupon period?

A.

182 days

B.

184 days

C.

181 days

D.

180 days

A semi-annual 6.000% coupon corporate bond was purchased for settlement on February 12, 2015. The last coupon was paid on October 15, 2014. The maturity date is April 15, 2022. If the yield to maturity on the last coupon date was 6.200%, what was the price of the bond (in % of PAR) on that date immediately after the last coupon was paid?

A.

98.753

B.

98.815

C.

98.083

D.

98.878

A 30-year 5.500% semi-annual coupon bond has a tenor of 14 years and a yield to maturity of 6.900%. What is the price of the bond today in % of PAR?

A.

92.330

B.

82.843

C.

87.683

D.

87.559

A 30-year 6.000% semi-annual coupon bond has a yield to maturity of 7.200%. If the price today is 88.992 % of PAR, what is the tenor of the bond in years?

A.

15.272

B.

13.119

C.

12.648

D.

30.543

A semi-annual coupon U.S. Treasury bond was purchased for settlement on November 22, 2014. The last coupon was paid on August 15, 2014. The maturity date is February 15, 2024. How many days passed between the last coupon and the settlement date?

A.

100 days

B.

97 days

C.

99 days

D.

98 days

A semi-annual coupon U.S. Treasury bond was purchased for settlement on November 22, 2014. The last coupon was paid on August 15, 2014. The maturity date is February 15, 2024. How many days are there in the current coupon period?

A.

180 days

B.

184 days

C.

182 days

D.

183 days

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