举一反三
- A coupon bond pays the owner of the bond a fixed interest payment (coupon payment) every year until the maturity date, when a specified final amount (face value or par value) is repaid. （ ） A: True B: False
- 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 ______
- A loan that requires the borrower to make the same payment every period until the maturity date is called a _________
- As the coupon rate of a bond increases, the bond's:() A: face value increases B: current price decreases C: interest payments increase D: maturity date is extended
- If the annual market discount rate is 6%, the value of a three-year bond that has a 7% coupon rate, has a maturity (par) value of $1,000, and pays interest annually is closest to: A: $1,026.73. B: $1,049.17. C: $973.76.
内容
- 0
A bond with two years remaining until maturity offers a 3% coupon rate with interest paid annually. At a market discount rate of 4%, the price of this bond per 100 of par value is closest to: A: 95.34. B: 98.00. C: 98.11.
- 1
A discount bond ( ). A: is also called a zero-coupon bond. B: is bought at a price below its face value C: its face value is repaid at the maturity date. D: is also called simple payment bond.
- 2
Which of the following statements is FALSE? A: The amount of each coupon payment is determined by the coupon rate of the bond. B: Prior to its maturity date, the price of a zero-coupon bond is always greater than its face value. C: The simplest type of bond is a zero-coupon bond. D: Treasury bills are U.S. government bonds with a maturity of up to one year.
- 3
If a bond pays the same coupon payment forever without a maturity, it is known as a A: perpetuity. B: forever bond. C: discount bond. D: consolidated bond.
- 4
The yield to maturity of a one - year, simple loan of $500 that requires an interest payment of $40 is _________