更多"[单选题] The bond markets are importan"的相关试题:
[单选题] The stock market is important because
A. it is where interest rates are determined.
B. it is the most widely followed financial market in the United States.
C. it is where foreign exchange rates are determined.
D. all of the above.
[单选题] Air bags are also important for cars because they ( )
A. are made of plastic
B. work together with seat belts to keep us safe
C. are put in front of and next to the seats
D. can stop cars hitting each other
[单选题] A secured bond is backed by
A. the general creditworthiness of the borrower.
B. an insurance company's financial guarantee.
C. the expected future earnings of the borrower.
D. specific collateral.
[单选题] Financial markets and institutions
A. involve the movement of huge quantities of money.
B. affect the profits of businesses.
C. affect the types of goods and services produced in an economy.
D. do all of the above.
E. do only A and B of the above.
[单选题] The risk on an agency bond is
A. high.
B. zero.
C. moderate.
D. low.
[简答题]We travel because we need to, because distance and difference are the secret cornerstones of creativity
[简答题] Interest rates are determined in the bond markets.
[单选题] The process of underwriting a stock or bond issue requires that the investment bank
A. assure investors that the issue will provide them a high return.
B. purchase the entire issue at a predetermined price if the quantity demanded by consumers is insufficient at the predetermined price.
C. purchase the entire issue at a predetermined price and then resell it in the market.
D. do both A and B of the above.
[单选题] A requirement in the bond indenture that the firm pay off a portion of the bond issue each year is called
A. a sinking fund.
B. a call provision.
C. a restrictive covenant.
D. a shelf registration.
[单选题]The price sensitivity of a bond increases in response to a change in the market rate of interest as the:
A. coupon rate increases.
B. time to maturity decreases.
C. coupon rate decreases and the time to maturity increases.
D. time to maturity and coupon rate both decrease.
E. coupon rate and time to maturity both increase.
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[简答题]We travel because we want to, because the annoyances of the airport are offset by the thrill of being someplace new
[简答题] A bond denominated in euros and issued in a country that uses the euro as its currency is an example of a Eurobond.
[单选题] To sell an old bond when interest rates have ________, the holder will have to ________ the price of the bond until the yield to the buyer is the same as the market rate.
A. risen; lower
B. risen; raise
C. fallen; lower
D. risen; inflate
[简答题] A sinking fund is a requirement in the bond indenture that the firm pay off a portion of the bond issue each year.
[单选题]Round Dot Inns is preparing a bond offering with a coupon rate of 6 percent, paid semiannually, and a face value of $1,000. The bonds will mature in 10 years and will be sold at par. Given this, which one of the following statements is correct?
A. The bonds will become discount bonds if the market rate of interest declines.
B. The bonds will pay 10 interest payments of $60 each.
C. The bonds will sell at a premium if the market rate is 5.5 percent.
D. The bonds will initially sell for $1,030 each.
E. The final payment will be in the amount of $1,060.
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题] Financial markets improve economic welfare because
A. they allow funds to move from those without productive investment opportunities to those who have such opportunities.
B. they allow consumers to time their purchases better.
C. they weed out inefficient firms.
D. they do all of the above.
E. they do A and B of the above.
[单选题] Activity in money markets increased significantly in the late 1970s and early 1980s because of
A. rising short-term interest rates.
B. regulations that limited what banks could pay for deposits.
C. both A and B of the above.
D. neither A nor B of the above.
[单选题] The government regulates financial markets for two main reasons:
A. to ensure soundness of the financial system and to increase the information available to investors.
B. to improve control of monetary policy and to increase the information available to investors.
C. to ensure that financial intermediaries do not earn more than the normal rate of return and to improve control of monetary policy.
D. to ensure soundness of financial intermediaries and to prevent financial intermediaries from earning less than the normal rate of return.
[简答题] The current yield on a bond is a good approximation of the bond's yield to maturity when the bond matures in five years or less and its price differs from its par value by a large amount.
