Question
The yield to maturity on a 1-year bond purchased for $980 with a maturity value of $1100 is: Question 1 options: a) 10.05% b) 13.50%
The yield to maturity on a 1-year bond purchased for $980 with a maturity value of $1100 is:
Question 1 options:
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| a) | 10.05% |
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| b) | 13.50% |
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| c) | 12.24% |
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| d) | 14.23% |
A flat term structure implies that investors expect future short-term interest rates to:
Question 2 options:
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| a) | decrease. |
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| b) | increase. |
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| c) | be the same as the current rate. |
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| d) | none of the options given. |
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Financial Accounting Theory
Authors: William R. Scott
3rd Edition
0130655775, 9780130655776
