更多"[简答题] A bond denominated in euros a"的相关试题:
[单选题]A newly issued bond has a coupon rate of 7 percent and semiannual interest payments. The bonds are currently priced at par. The effective annual rate provided by these bonds must be:
A. 3.5 percent.
B. greater than 3.5 percent but less than 7 percent.
C. 7 percent.
D. greater than 7 percent.
E. less than 3.5 percent.
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-01 Define important bond features and types of bonds.
[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] The bond markets are important because
A. they are easily the most widely followed financial markets in the United States.
B. they are the markets where interest rates are determined.
C. they are the markets where foreign exchange rates are determined.
D. all 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 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]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.
[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.
[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.
[简答题] To sell an old bond when rates have risen, the holder will have to discount the bond until the yield to the buyer is the same as the market rate.
[单选题]As a bond's time to maturity increases, the bond's sensitivity to interest rate risk:
A. increases at an increasing rate.
B. increases at a decreasing rate.
C. increases at a constant rate.
D. decreases at an increasing rate.
E. decreases at a decreasing rate.
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题]Bert owns a bond that will pay him $45 each year in interest plus $1,000 as a principal payment at maturity. What is the $1,000 called?
A. Coupon
B. Face value
C. Discount
D. Yield
E. Dirty price
Difficulty: 1 Easy
Topic: Bond features
Learning Objective: 07-01 Define important bond features and types of bonds.
[单选题]A $1,000 par value corporate bond that pays $60 annually in interest was issued last year. Which one of these would apply to this bond today if the current price of the bond is $996.20?
A. The bond is currently selling at a premium.
B. The current yield exceeds the coupon rate.
C. The bond is selling at par value.
D. The current yield exceeds the yield to maturity.
E. The coupon rate has increased to 7 percent.
Difficulty: 1 Easy
Topic: Bond yields and returns
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题] The risk on an agency bond is
A. high.
B. zero.
C. moderate.
D. low.
[单选题]电影《007》系列《末日帝国》中Jmes BonD座驾的是
A.宝马 M3
B.宝马 Z3
C.宝马 Z8
D.宝马 7系
[单选题]All else constant, a bond will sell at ________ when the coupon rate is ________ the yield to maturity.
A. a premium; less than
B. a premium; equal to
C. a discount; less than
D. a discount; higher than
E. par; less than
Difficulty: 1 Easy
Topic: Bond yields and returns
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[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] Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation.
[单选题] Money market instruments issued by the U.S. Treasury are called
A. Treasury bills.
B. Treasury notes.
C. Treasury bonds.
D. Treasury strips.
[单选题] The bond contract that states the lender's rights and privileges and the borrower's obligations is called the
A. bond syndicate.
B. restrictive covenant.
C. bond covenant.
D. bond indenture.
