. In view of the current corona virus problem, which of the following is likely to have the highest

credit risk premium and required return on equity?________

(a) a share of Apple Computer

(b) a share of Park Hotels (holding company for Hilton Hotels Worldwide)

(c) a share of JPMorgan Chase

(d) a share of P & G

(e) a share of Walmart

2. Which of the following is likely to have the smallest bid-asked spread? _______

(a) a U.S. Treasury bill

(b) a revenue-anticipation bond issued by the State of California?

(c) an note issued by Moishe Rodriguez Glatt Kosher Bodegas, Inc.

(d) a share of JetBlue common stock

(e) a note issued by the Republic of Bosnia-Herzegovina

3. If the interest rate is below the coupon rate for a particular issue of bond, the bond is priced ____.

(a) below its par value

(b) below its book value

(c) below its liquidation value

(d) above its par value

(e) none of the above