What is the correct term for level sets of frequent, consistent cash flows?

a. Loans. b. Budgets. c. Annuities. d. Bills.

What does a loan amortization schedule show?

a. The principal balance paid per period only. b. The interest paid per period only. c. Both the principal balance and interest paid per period. d. The present value of the payments due.

Which bond sells for a price lower than its par value?

a. A discount bond. b. A premium bond. c. A junk bond. d. A municipal bond.