Annual rate of return required by bond investors when buying a bond. Also the discount rate used in solving for its price:
		Coupon rate
		Coupon yield
		Yield to maturity
		Call yield

1.5 points

QUESTION 19

The Treasury yield curve displays yields on Treasury securities at each ____ of those securities.
		market price
		coupon rate
		maturity
		issue date

1.5 points

QUESTION 20

Which is additional YTM offered to investors to compensate for the chance the bond issuer might not make timely payments?
		Interest rate risk premium
		Inflation premium
		Liquidity premium
		Default risk premium

1.5 points

QUESTION 21

Most commonly, bonds sold in the U.S. pay interest:
		annually
		semiannually
		quarterly
		monthly

1.5 points

QUESTION 22

The dividend yield is:
		next year's expected cash dividend divided by the current market price per share.
		last year's annual cash dividend divided by the current book value per share.
		last year's annual cash dividend divided by the current market price per share.
		next year's expected cash dividend divided by the current book value per share.

1.5 points

QUESTION 23

In the constant growth dividend model the capital gains yield matches the:
		Current discount rate
		Market rate of return
		Dividend yield
		Dividend growth rate