更多"[简答题] General obligation bonds have"的相关试题:
[单选题] (I. Callable bonds usually have a higher yield than comparable noncallable bonds.
(II. Convertible bonds are attractive to bondholders and sell for a higher price than comparable nonconvertible bonds.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
[简答题] Registered bonds have now been largely replaced by bearer bonds, which do not have coupons.
[简答题] Most corporate bonds have a face value of $1,000, are sold at a discount, and can only be redeemed at the maturity date.
[单选题] (I. Most corporate bonds have a face value of $1,000, pay interest semiannually, and can be redeemed anytime the issuer wishes. (II. Registered bonds have now been largely replaced by bearer bonds, which do not have coupons.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
[单选题]DLQ Inc. bonds mature in 12 years and have a coupon rate of 6 percent. If the market rate of interest increases, then the:
A. coupon rate will also increase.
B. current yield will decrease.
C. yield to maturity will be less than the coupon rate.
D. market price of the bond will decrease.
E. coupon payment will increase.
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[简答题] Most municipal bonds are revenue bonds rather than general obligation bonds.
[单选题] Bonds
A. are securities that represent a debt owed by the issuer to the investor.
B. obligate the issuer to pay a specified amount at a given date, generally without periodic interest payments.
C. both A and B of the above.
D. none of the above.
[单选题] Government bonds are essentially default risk-free, ________ returns.
A. and will yield high
B. and will yield the highest
C. but will have relatively low
D. none of the above
[简答题] Debentures are long-term unsecured bonds that are backed only by the general creditworthiness of the issuer.
[单选题]Suzie owns five different bonds and twelve different stocks. Which one of the following terms most applies to her investments?
A. Index
B. Portfolio
C. Collection
D. Grouping
E. Risk-free
Difficulty: 1 Easy
Topic: Portfolio return
Learning Objective: 13-02 Discuss the impact of diversification.
[单选题] Bonds that are sold in a foreign country and are denominated in a currency other than that of the country in which they are sold are known as
A. foreign bonds.
B. Eurobonds.
C. Eurocurrencies.
D. Eurodollars.
[单选题] Corporate bonds are less risky if they are ________ bonds and municipal bonds are less risky if they are ________ bonds.
A. secured; revenue
B. secured; general obligation
C. unsecured; revenue
D. unsecured; general obligation
[单选题] Long-term unsecured bonds that are backed only by the general creditworthiness of the issuer are called
A. junk bonds.
B. callable bonds.
C. convertible bonds.
D. debentures.
[简答题] Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation.
[单选题]Which one of the following bonds is the least sensitive to interest rate risk?
A. 3-year; 4 percent coupon
B. 3-year; 6 percent coupon
C. 5-year; 6 percent coupon
D. 7-year; 6 percent coupon
E. 7-year; 4 percent coupon
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题] The prices of Treasury notes, bonds, and bills are quoted
A. as a percentage of the coupon rate.
B. as a percentage of the previous day's closing value.
C. as a percentage of $100 face value.
D. as a multiple of the annual interest paid.
[单选题] Preferred stockholders hold a claim on assets that has priority over the claims of
A. both common stockholders and bondholders.
B. neither common stockholders nor bondholders.
C. common stockholders, but after that of bondholders.
D. bondholders, but after that of common stockholders.
[单选题] (I. Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation. (II. General obligation bonds do not have specific assets pledged as security or a specific source of revenue allocated for their repayment.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
