please answer all parts. most of the pictures are just the options for the blanks

options for blanks ( in order from first to last):

X 1. Bonds and their valuation - Part 1 The value of fixed-income securities: What does it means for the Issuer and the Investor One of the most important asset classes for investors are fixed-income securities that consist of debt obligations, or bonds, and preferred stock. In simple terms, a fixed-income security is a financial obligation in which the borrower agrees to pay specified sum of money at specified dates. This transaction involves different groups that comprise the bond markets: issuers, underwriters, and purchasers. Issuer Underwriter Purchaser B A: B: The entity issuing the debt obligation is the borrower in the transaction. Some of the biggest issues in the band market are (1) such as the US government and the government of U.K.; (2) government-related agencies, such as Fannie Mine and Freddie Mac; (2) such as the state of California, Sakai City, Japan; (3) such as British Telecom, and The Walt Disney Co. and (4) such as the European Investment Bank and the World Bank Why do entities borrow in the form of debt obligations? Economies around the world were still recovering during 2012 after the 2008-2009 recession. Governments and central banks continued their efforts to facilitate economic recovery. The US Federal Reserve Bank (the Fed) kept interest rates at record lows. This, along with several other reasons, found the band markets Hooded with new bond issues. The following article highlights some reasons why firms issued debt obligations to raise funds. In the context of the reasons why entities borrow in the form of bond issues, which statement is correct? Check all that apply wnen lending money to corporations, banks often include restrictive covenants, such as maintaining a certain level of debt-to-equity ratio at all times When bonds issued by foreign governments after higher yields than U.S. Treasury yields, corporate issuers in the United States get the opportunity to issue debt securities at low costs. Several bond issues-such as general obligation (60) bonds and revenue bonds-offer federally tax exempt income that attracts investors seeking tax-free income When government entities need to raise tunds to finance projects, they se debt securities in which investors are the creditors who usually earn a fixed rate of return from the borrower Corporate-Bond Issuers Race to the Market as U.S. Ylelds Approach Racord Low On April 25, 2011, the Fed announced that short-term interest rates would be kept near zero through late 2014. Because corporate bonds are indexed to Treasury yields and the Treasury yield hit nearly all-time lows, issuing conditions became conducive for investment-grade borrowers. Europe's debt crisis fueled the demand for relatively safer U.S. securities, and the market became more confident that Europe's crisis would not significantly disrupt recovery of the world's largest economy. This triggered issuers to announce investment-grade supply benefiting from the low borrowing costs. Companies such as IBM, Procter & Gamble, Petroleo Brasileiro SA, and Berkshire Hathaway announced more than $15.5 billion debt offerings as yields approached record lows. The spread between the Treasury bonds and investment-grade bonds was hovering at narrow levels, making it attractive for issuers to tap into low borrowing costs. According to a BusinessWeek story, "Yields have fallen to 3.55 percent, the lowest level since touching 3.53 percent on Aug. 10, and within 10 basis points of a record low 3.45 on Aug. 4, according to the Bank of America Merrill Lynch U.S. Corporate Master Index." Another factor contributing to the rising issues of investment-grade bonds was purchasers' eagerness to invest in high-quality securities Sales of debt offerings had fallen 19% from the year before, and that made investors eager to spend cash on offerings. The relationship between corporate bond yields and Treasury yields The article highlights an important relationship between the corporate bond yields and the U.S. Treasury ylelds. When demand for Treasures increases, prices rise and yields All else being equal, this leads to the of corporate bond yields because they are riskler and their yields are than U.S. Treasury yields. However, this does not necessarily imply that particular changes in the Treasury yield will lead to similar changes in the corporate bond ylelds. A corporate bond with a narrow yield spread and high credit rating will offer a relatively return when the bond is purchased. However, if the yield spread widens, the price of the bond will thus the value of the fixed-income asset class in the investor's portfolio. B: Coupons ! The entit Bond Price debt obligation is the borrower in the transaction such as the U.S. government and the go Freddie Mac; (2) such as the state of Telecom, and The Walt Disney Co. and (4) Why do entities borrow in the form of debt obligations? Economies around the world were still recovering during 2012 after the to facilitate economic recovery. The U.S. Federal Reserve Bank (the Fec found the bond markets flooded with new bond issues. The following ar 2 43 Bond Price The entit Par Value debt obligation is the borrower in the transaction. Some of th such as the U.S. government and the government of such as the state of California, Sa Freddie la Telecom, and The Walt Disney Co, and (4) such as the Why do entities borrow in the form of debt obligations? Economies around the world were still recovering during 2012 after the 2008-2009 rec to facilitate economic recovery. The U.S. Federal Reserve Bank (the Fed) kept interest found the bond markets flooded with new bond issues. The following article highlights s In the context of the reasons why entities borrow in the form of bond issues, which state * A: The entity issuing the debt obligation is the borrower in the transaction. Some such as the U.S. government and the governmer such as the state of Californi central governments Disney Co. and (4) such a supranational banks w in the form of debt obligations? corporations ECONOMIES Ground the world were still recovering during 2012 after the 2008-20 to facilitate economic recovery. The U.S. Federal Reserve Bank (the Fed) kept in found the bond markets flooded with new bond issues. The following article highli In the context of the reasons why entities borrow in the form of bond issues, whic When lending money to corporations, banks often include restrictive cov at all times When bonds issued by foreign governments offer higher yields than U.S. A. B: EP The entity issuing the debt obligation is the borrower in the transaction. Some of the biggest is such as the U.S. government and the government of U.K.; (2) g Freddie Mac; (2) such as the state of California, Sakai City, Ja Telecom, and The such as the European municipal governments Why do entities corporations ebt obligations? Economies around supranational banks ering during 2012 after the 2008-2009 recession. G to facilitate economic Tecovery. Te v.5. rederal Reserve Bank (the Fed) kept interest rates at found the bond markets flooded with new bond issues. The following article highlights some reas In the context of the reasons why entities borrow in the form of bend issues, which statement is [ When lending money to corporations, banks often include restrictive covenants, such as at all times. When bonds issued by foreign governments offer higher yields than U.S. Treasury yields, opportunity to issue debt securities at low costs. Several bond G bands me hands-offer fec ansaction. Some of the biggest issuers in the bond market are (1) nd the government of U.K.; (2) government-related agencies, such as Fannie Mae and state of California, Sakai City, Japan; (3) such as British such as the European Investme Bank. corporations supranational banks after the 2008-2009 recession. Governme central governments ontinued their efforts k (the Fed) kept interest rates at record lows. THIS, aiony wiat several other reasons, llowing article highlights some reasons why firms issued debt obligations to raise funds. of bond issues, which statement is correct? Check all that apply. include restrictive covenants, such as maintaining a certain level of debt-to-equity ratio higher yields than U.S. Treasury yields, corporate issuers in the United States get the GO) bonds and revenue bonds-offer federally tax-exempt income that attracts e entity issuing the debt obligation is the borrower in the transaction. Some of the biggest issuers in the bond market ar such as the U.S. government and the government of U.K.; (2) government-related agencies eddie Mac; (2) , such as the state of California, Sakai City, Japan; (3) lecom, and The Walt Disney Co, and (4) , such as the European Investment Bank and the v central governments hy do entities borrow in the form of supranational banks onomies around the world were still reco the 2008-2009 recession. Governments and central ba facilitate economic recovery. The U.S. Fe corporations e Fed) kept interest rates at record lows. This, along wit und the bond markets flooded with new bond issues me ToMowing article highlights some reasons why firms issued debe the context of the reasons why entities borrow in the form of bond issues, which statement is correct? Check all that ap. D When lending money to corporations, banks often include restrictive covenants, such as maintaining a certain leu at all times. When bonds issued by foreign governments offer higher yields than u.s. Treasury yields, corporate issuers in the opportunity to issue debt securities at low costs. Several bond issues such as general obligation (Go) bonds and revenue bonds-offer federally tax-exempt incor COL DIUI, UN WUL Hlaue Invest The relationship between corporate bond ylelds and Treasury ylelds The article highlights an important relationship between the corporate bond yields and ti increases, prices rise and yields All else being equal, this leads to the and their vields are S. Treasury yields. However, this does not neces rise lead to similar changes in the co bond yields. A corporate bond with a narrow yiel return when the bond is fall d. However, if the yield spread widens, the price the fixed-income asset class in the mivestor's portfolio. % from the year Ulu, pond yields and Treasury yields onship between the corporate bond yields and the U.S. Treasury yields. When demand for Treasuries All else being equal, this leads to the of corporate bond yields because they are riskier S. Treasury yields. However, this does not mply that particular changes in the Treasury yield wil narrowing bond yields. A corporate bond with a narra id and high credit rating will offer a relatively ed. However, if the yield spread widens, the widening bond will thus the value of stor's portfolio. Grade It Now Save & Continue Continue without saving The relationship between corporate bond ylelds and Treasury yleld The article highlights an important relationship between the corporate bona increases, prices rise and yields All else being equal, this leads and their yields are than U.S. Treasury yields. However, this de lead to similar chand corporate bond yields. A corporate bond with lower return when s purchased. However, if the yield spread wide the fixed-income as higher in the investor's portfolio. e 15HY ISS Sales of debt offerings had fallen 19% from The relationship between corporate bond yie The article highlights an important relationship bet i low 5, prices rise and yields All el yields are than U.S. Treasur high imilar changes in the corporate bond yields return when the bond is purchased. However, if the fixed-income asset class in the investor's portfolio. tment-grade bonds was purchases cuyLITIJU efore, and that made investors eager to spend cash on offerings. reasury ylelds e corporate bond yields and the U.S. Treasury vields. When demand for Treasuries equal, this leads to the of cot rise bond yields becaile they are riskier - However, this does not necessarily imply that ar changes in the Treasury yield will fall porate bond with a narrow yield spread and hig rating will offer a relatively e yield spread widens, the price of the bond will thus the value of Grade It Now Save & Continue Continue without saving ds was purchasers ade investors eager to spend cash on offerings. yields and the U.S. Treasury yields. When demand for Treasuries to the of corporate bond decreasing e they are riskier Des not necessarily imply that particular ch reasury yield will increasing a narrow yield spread and high credit ratin relatively ens, the price of the bond will thus the value of Grade It Now Save & Continue Continue without saving X 1. Bonds and their valuation - Part 1 The value of fixed-income securities: What does it means for the Issuer and the Investor One of the most important asset classes for investors are fixed-income securities that consist of debt obligations, or bonds, and preferred stock. In simple terms, a fixed-income security is a financial obligation in which the borrower agrees to pay specified sum of money at specified dates. This transaction involves different groups that comprise the bond markets: issuers, underwriters, and purchasers. Issuer Underwriter Purchaser B A: B: The entity issuing the debt obligation is the borrower in the transaction. Some of the biggest issues in the band market are (1) such as the US government and the government of U.K.; (2) government-related agencies, such as Fannie Mine and Freddie Mac; (2) such as the state of California, Sakai City, Japan; (3) such as British Telecom, and The Walt Disney Co. and (4) such as the European Investment Bank and the World Bank Why do entities borrow in the form of debt obligations? Economies around the world were still recovering during 2012 after the 2008-2009 recession. Governments and central banks continued their efforts to facilitate economic recovery. The US Federal Reserve Bank (the Fed) kept interest rates at record lows. This, along with several other reasons, found the band markets Hooded with new bond issues. The following article highlights some reasons why firms issued debt obligations to raise funds. In the context of the reasons why entities borrow in the form of bond issues, which statement is correct? Check all that apply wnen lending money to corporations, banks often include restrictive covenants, such as maintaining a certain level of debt-to-equity ratio at all times When bonds issued by foreign governments after higher yields than U.S. Treasury yields, corporate issuers in the United States get the opportunity to issue debt securities at low costs. Several bond issues-such as general obligation (60) bonds and revenue bonds-offer federally tax exempt income that attracts investors seeking tax-free income When government entities need to raise tunds to finance projects, they se debt securities in which investors are the creditors who usually earn a fixed rate of return from the borrower Corporate-Bond Issuers Race to the Market as U.S. Ylelds Approach Racord Low On April 25, 2011, the Fed announced that short-term interest rates would be kept near zero through late 2014. Because corporate bonds are indexed to Treasury yields and the Treasury yield hit nearly all-time lows, issuing conditions became conducive for investment-grade borrowers. Europe's debt crisis fueled the demand for relatively safer U.S. securities, and the market became more confident that Europe's crisis would not significantly disrupt recovery of the world's largest economy. This triggered issuers to announce investment-grade supply benefiting from the low borrowing costs. Companies such as IBM, Procter & Gamble, Petroleo Brasileiro SA, and Berkshire Hathaway announced more than $15.5 billion debt offerings as yields approached record lows. The spread between the Treasury bonds and investment-grade bonds was hovering at narrow levels, making it attractive for issuers to tap into low borrowing costs. According to a BusinessWeek story, "Yields have fallen to 3.55 percent, the lowest level since touching 3.53 percent on Aug. 10, and within 10 basis points of a record low 3.45 on Aug. 4, according to the Bank of America Merrill Lynch U.S. Corporate Master Index." Another factor contributing to the rising issues of investment-grade bonds was purchasers' eagerness to invest in high-quality securities Sales of debt offerings had fallen 19% from the year before, and that made investors eager to spend cash on offerings. The relationship between corporate bond yields and Treasury yields The article highlights an important relationship between the corporate bond yields and the U.S. Treasury ylelds. When demand for Treasures increases, prices rise and yields All else being equal, this leads to the of corporate bond yields because they are riskler and their yields are than U.S. Treasury yields. However, this does not necessarily imply that particular changes in the Treasury yield will lead to similar changes in the corporate bond ylelds. A corporate bond with a narrow yield spread and high credit rating will offer a relatively return when the bond is purchased. However, if the yield spread widens, the price of the bond will thus the value of the fixed-income asset class in the investor's portfolio. B: Coupons ! The entit Bond Price debt obligation is the borrower in the transaction such as the U.S. government and the go Freddie Mac; (2) such as the state of Telecom, and The Walt Disney Co. and (4) Why do entities borrow in the form of debt obligations? Economies around the world were still recovering during 2012 after the to facilitate economic recovery. The U.S. Federal Reserve Bank (the Fec found the bond markets flooded with new bond issues. The following ar 2 43 Bond Price The entit Par Value debt obligation is the borrower in the transaction. Some of th such as the U.S. government and the government of such as the state of California, Sa Freddie la Telecom, and The Walt Disney Co, and (4) such as the Why do entities borrow in the form of debt obligations? Economies around the world were still recovering during 2012 after the 2008-2009 rec to facilitate economic recovery. The U.S. Federal Reserve Bank (the Fed) kept interest found the bond markets flooded with new bond issues. The following article highlights s In the context of the reasons why entities borrow in the form of bond issues, which state * A: The entity issuing the debt obligation is the borrower in the transaction. Some such as the U.S. government and the governmer such as the state of Californi central governments Disney Co. and (4) such a supranational banks w in the form of debt obligations? corporations ECONOMIES Ground the world were still recovering during 2012 after the 2008-20 to facilitate economic recovery. The U.S. Federal Reserve Bank (the Fed) kept in found the bond markets flooded with new bond issues. The following article highli In the context of the reasons why entities borrow in the form of bond issues, whic When lending money to corporations, banks often include restrictive cov at all times When bonds issued by foreign governments offer higher yields than U.S. A. B: EP The entity issuing the debt obligation is the borrower in the transaction. Some of the biggest is such as the U.S. government and the government of U.K.; (2) g Freddie Mac; (2) such as the state of California, Sakai City, Ja Telecom, and The such as the European municipal governments Why do entities corporations ebt obligations? Economies around supranational banks ering during 2012 after the 2008-2009 recession. G to facilitate economic Tecovery. Te v.5. rederal Reserve Bank (the Fed) kept interest rates at found the bond markets flooded with new bond issues. The following article highlights some reas In the context of the reasons why entities borrow in the form of bend issues, which statement is [ When lending money to corporations, banks often include restrictive covenants, such as at all times. When bonds issued by foreign governments offer higher yields than U.S. Treasury yields, opportunity to issue debt securities at low costs. Several bond G bands me hands-offer fec ansaction. Some of the biggest issuers in the bond market are (1) nd the government of U.K.; (2) government-related agencies, such as Fannie Mae and state of California, Sakai City, Japan; (3) such as British such as the European Investme Bank. corporations supranational banks after the 2008-2009 recession. Governme central governments ontinued their efforts k (the Fed) kept interest rates at record lows. THIS, aiony wiat several other reasons, llowing article highlights some reasons why firms issued debt obligations to raise funds. of bond issues, which statement is correct? Check all that apply. include restrictive covenants, such as maintaining a certain level of debt-to-equity ratio higher yields than U.S. Treasury yields, corporate issuers in the United States get the GO) bonds and revenue bonds-offer federally tax-exempt income that attracts e entity issuing the debt obligation is the borrower in the transaction. Some of the biggest issuers in the bond market ar such as the U.S. government and the government of U.K.; (2) government-related agencies eddie Mac; (2) , such as the state of California, Sakai City, Japan; (3) lecom, and The Walt Disney Co, and (4) , such as the European Investment Bank and the v central governments hy do entities borrow in the form of supranational banks onomies around the world were still reco the 2008-2009 recession. Governments and central ba facilitate economic recovery. The U.S. Fe corporations e Fed) kept interest rates at record lows. This, along wit und the bond markets flooded with new bond issues me ToMowing article highlights some reasons why firms issued debe the context of the reasons why entities borrow in the form of bond issues, which statement is correct? Check all that ap. D When lending money to corporations, banks often include restrictive covenants, such as maintaining a certain leu at all times. When bonds issued by foreign governments offer higher yields than u.s. Treasury yields, corporate issuers in the opportunity to issue debt securities at low costs. Several bond issues such as general obligation (Go) bonds and revenue bonds-offer federally tax-exempt incor COL DIUI, UN WUL Hlaue Invest The relationship between corporate bond ylelds and Treasury ylelds The article highlights an important relationship between the corporate bond yields and ti increases, prices rise and yields All else being equal, this leads to the and their vields are S. Treasury yields. However, this does not neces rise lead to similar changes in the co bond yields. A corporate bond with a narrow yiel return when the bond is fall d. However, if the yield spread widens, the price the fixed-income asset class in the mivestor's portfolio. % from the year Ulu, pond yields and Treasury yields onship between the corporate bond yields and the U.S. Treasury yields. When demand for Treasuries All else being equal, this leads to the of corporate bond yields because they are riskier S. Treasury yields. However, this does not mply that particular changes in the Treasury yield wil narrowing bond yields. A corporate bond with a narra id and high credit rating will offer a relatively ed. However, if the yield spread widens, the widening bond will thus the value of stor's portfolio. Grade It Now Save & Continue Continue without saving The relationship between corporate bond ylelds and Treasury yleld The article highlights an important relationship between the corporate bona increases, prices rise and yields All else being equal, this leads and their yields are than U.S. Treasury yields. However, this de lead to similar chand corporate bond yields. A corporate bond with lower return when s purchased. However, if the yield spread wide the fixed-income as higher in the investor's portfolio. e 15HY ISS Sales of debt offerings had fallen 19% from The relationship between corporate bond yie The article highlights an important relationship bet i low 5, prices rise and yields All el yields are than U.S. Treasur high imilar changes in the corporate bond yields return when the bond is purchased. However, if the fixed-income asset class in the investor's portfolio. tment-grade bonds was purchases cuyLITIJU efore, and that made investors eager to spend cash on offerings. reasury ylelds e corporate bond yields and the U.S. Treasury vields. When demand for Treasuries equal, this leads to the of cot rise bond yields becaile they are riskier - However, this does not necessarily imply that ar changes in the Treasury yield will fall porate bond with a narrow yield spread and hig rating will offer a relatively e yield spread widens, the price of the bond will thus the value of Grade It Now Save & Continue Continue without saving ds was purchasers ade investors eager to spend cash on offerings. yields and the U.S. Treasury yields. When demand for Treasuries to the of corporate bond decreasing e they are riskier Des not necessarily imply that particular ch reasury yield will increasing a narrow yield spread and high credit ratin relatively ens, the price of the bond will thus the value of Grade It Now Save & Continue Continue without saving