Question
All of the following are directly backed by the U.S. Govermnent EXCEPT: A. Treaury bills B. Treasury stock C. Treasury strips D. Treasury bonds 2-
All of the following are directly backed by the U.S. Govermnent EXCEPT:
| A. | Treaury bills | |
| B. | Treasury stock | |
| C. | Treasury strips | |
| D. | Treasury bonds |
2-
Jane Q. Investor purchased 100 AA rated bonds issued by CDW Corp. Jane purchased the bonds at 105 percent of par value, and they are currently trading in the market at 104. If the coupon is 7 1/2%, how much annual interest does Jane receive?
| A. | $37.50 | |
| B. | $75.00 | |
| C. | $3,750.00 | |
| D. | $7,500.00 |
3-
Jane Q. Investor purchased 100 AA rated bonds issued by CDW Corp. Jane purchased the bonds at 105 percent of par value, and they are currently trading in the market at 104. If the coupon is 7 1/2%, how much annual interest does Jane receive?
| A. | $37.50 | |
| B. | $75.00 | |
| C. | $3,750.00 | |
| D. | $7,500.00 |
4-
A 7% bond had a basis of 5%. What is the yield if the bond is called prior to maturity at par?
| A. | 7% | |
| B. | Above 7% | |
| C. | Below 5% | |
| D. | Between 5% and 7% |
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Finance And Sustainability
Authors: William Sun, Celine Louche, Roland Perez
1st Edition
1780520921, 978-1780520926
