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Please help with the following questions: QUESTION 38 Bonds that have assets or financial guarantees as collateral to ensure debt repayment in case of borrower

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QUESTION 38 Bonds that have assets or financial guarantees as collateral to ensure debt repayment in case of borrower defaut are called: Credit linked coupon bonds Registered bonds Secured bonds QUESTION 39 A semiannual-pay corporate bond has a coupon rate of 5% and a yield-to-maturity of 45. It has five coupon payments remaining before maturity. Par value is $1.000. The settlement date is 109 days after the last coupon payment date. How much is the accrued interest $15.14. $17.23 $40.10 QUESTION 40 An affirmative covenant is most likely to stipulate: Limits on the issuer's leverage ratio. How the proceeds of the bond issue will be used. The maximum percentage of the issuer's assets that can be sold. QUESTION 41 A bond is initially trading at a price of $98.725. If interest rates decrease by 30bp. its price is expected to rise to $100.27. On the other hand, if interest rates increase by 30bp, its price is expected to fall to $97.24. The bond's modified duration is closest to 2.36 4.88 5.12. QUESTION 42 A fimm issued a floating rate note with a coupon rate equal to the 6-month Libor +70 basis points. Interest payments are made semiannually at the end of March and September. On March 31 and September 30 this year, the 6-month Labor rate was 1.64% and 1.43%, respectively. The coupon rate for the interest payment made on September 30 was 1.43% 2.13% 2.34% QUESTION 43 Non agency private) RMes typically have a waterfall structure that is designed to redistribute default losses among different dasses of investors. This feature is referred to as: Credit tranching Time tranching Overcollateralization

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