The face value of the bill is one dollar, but its ____value is nothing but that of a piece of paper.

Which of the following risk-free, zero-coupon bonds could be bought for the lowest price? A: one with a face value of $1,000, a YTM of 4.8%, and 5 years to maturity B: one with a face value of $1,000, a YTM of 3.2%, and 8 years to maturity C: one with a face value of $1,000, a YTM of 6.8%, and 10 years to maturity D: one with a face value of $1,000, a YTM of 5.9%, and 20 years to maturity

A bond's current market value is equal to the present value of the coupon payments plus the present value of the face amount.

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.

Which of the following $1,000 face value securities has the highest yield to maturity?

A 90-day treasury bill with a face value of $10,000,000 is issued for $9,800,000. What is the discount rate?

If a $5,000 face value discount bond maturing in one year is selling for $5,000, then its yield to maturity is _________

A credit market instrument that pays the owner the face value of the security at the maturity date and nothing prior to then is called a _________

13. With computer you can watch the latest movies in the __________ of your own home. A: face B: value C: company D: comfort

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