Question 2, What is the current yield of a $1,000 bond (face value) with a coupon of 6.0% that is trading at par?

a. 6.3%

b. 6.5%

c. 3.0%

d. 6.0%

Question 5, On average, what percentage of an LBO financing is funded by the sponsors equity contribution?

a. 90%

b. 30%

c. 10%

d. 70%

Question 7, Which of the following is NOT a covenant classification?

a. Affirmative

b. Limitation

c. Negative

d. Financial

Question 15, Which of the following are third-party investors that provide financial sponsors with investment capital?

I. Pension Funds

II. Insurance companies

III. University endowments

IV. Wealthy families

a. I, III and IV

b. I and III

c. I and II

d. I, II, III and IV