举一反三
- Loans that the borrower to pay interest each period and to repay the entire principal (the original loan amount) at some point in the future are called ____________.
- (I) A discount bond requires the borrower to repay the principal at the maturity date plus an interest payment. (II) A coupon bond pays the lender a fixed interest payment every year until the maturity date, when a specified final amount (face or par value) is repaid.
- When the lender provides the borrower with an amount of funds that must be repaid to the lender at the maturity date, along with an additional payment for the interest, it is called a ______
- For a simple loan, the simple interest rate equals the _________
- In which of the following situations would you prefer to be making a loan? A: The interest rate is 9 percent and the expected inflation rate is 7 percent. B: The interest rate is 4 percent and the expected inflation rate is 1 percent. C: The interest rate is 13 percent and the expected inflation rate is 15 percent. D: The interest rate is 25 percent and the expected inflation rate is 50 percent.
内容
- 0
A loan that requires the borrower to make the same payment every period until the maturity date is called a _________
- 1
The nominal interest rate approximately equals which of the following? (名义利率约等于以下哪个？——中文由在线翻译而来，仅供参考) A: the real interest rate minus the inflation rate实际利率减去通货膨胀率 B: the real interest rate plus the inflation rate实际利率加上通货膨胀率 C: the real interest rate minus the growth rate of real GDP实际利率减去实际GDP的增长率 D: the real interest rate plus the growth rate of real GDP实际利率加上实际GDP增长率
- 2
Smith borrowed $21,000 on a one year Note payable with an interest rate of 10% per year on June 1. He will repay the principal and interest at the end of the one-year period. Smith makes accrual adjustments at the end of each month. He should record interest expense of $2,100 on June 30.
- 3
The interest rate that is adjusted for actual changes in the price level is called the _________
- 4
The __________ differential is approximately equal to the forward premium on a currency plus the interest rate differential. A: covered interest B: uncovered interest C: covered currency D: uncovered currency