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w Wydding by the Federal Government is called: monetary policy B) fiscal policy C) easy policy D) taxing policy 6) Many firms that issue bonds

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w Wydding by the Federal Government is called: monetary policy B) fiscal policy C) easy policy D) taxing policy 6) Many firms that issue bonds will use the following to pay down the bond over time in order to reduce the amount that must be paid at the bond's maturity date: A) A stock fund B) A bond fund C) A sinking fund D) A liquidity fund 7) If on Monday 1 U.S. dollar could be exchanged for 130 Euros, then on Wednesday 1 U.S. dollar can be exchanged for 110 Euros, which is true: A) the Euro has appreciated B) the U.S. dollar has appreciated C the exchange rate is unchanged D) none of the above 8) A bond that pays $40,000 in annual interest and has a current market value of $370,000 would have a current yield equal to: (A 8.8% B) 7.5% C) 10.8% D) 10%

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