Which of the following statements regarding provisions for paying off bonds is least likely correct（） A: Nonrefundable bonds can be callable. B: Serial bonds are an issue with several staggered maturity dates. C: A sinking fund provision gives the company the option to retire portions of the bond issue prior to maturity.
Which of the following statements regarding provisions for paying off bonds is least likely correct（） A: Nonrefundable bonds can be callable. B: Serial bonds are an issue with several staggered maturity dates. C: A sinking fund provision gives the company the option to retire portions of the bond issue prior to maturity.
According to the market segmentation theory of the term structure,________ A: the interest rate for bonds of one maturity is determined by supply and demand for bonds of that maturity. B: bonds of one maturity are not substitutes for bonds of other maturities; therefore, interest rates on bonds of different maturities do not move together over time. C: investors' strong preference for short-term relative to long-term bonds explains why yield curves typically slope upward. D: all of the above. E: none of the above.
According to the market segmentation theory of the term structure,________ A: the interest rate for bonds of one maturity is determined by supply and demand for bonds of that maturity. B: bonds of one maturity are not substitutes for bonds of other maturities; therefore, interest rates on bonds of different maturities do not move together over time. C: investors' strong preference for short-term relative to long-term bonds explains why yield curves typically slope upward. D: all of the above. E: none of the above.
Ceteris<br/>paribus, the duration of a bond is negatively correlated with the<br/>bond's ________ A: time<br/>to maturity. B: coupon<br/>rate. C: yield<br/>to maturity. D: coupon<br/>rate and yield to maturity. E: None<br/>of the options are correct.
Ceteris<br/>paribus, the duration of a bond is negatively correlated with the<br/>bond's ________ A: time<br/>to maturity. B: coupon<br/>rate. C: yield<br/>to maturity. D: coupon<br/>rate and yield to maturity. E: None<br/>of the options are correct.
For simple loans, the simple interest rate is _________ the yield to maturity.
For simple loans, the simple interest rate is _________ the yield to maturity.
Ceteris<br/>paribus, the duration of a bond is positively correlated with the<br/>bond's ________ A: time<br/>to maturity. B: coupon<br/>rate. C: yield<br/>to maturity. D: All<br/>of the options are correct. E: None<br/>of the options are correct.
Ceteris<br/>paribus, the duration of a bond is positively correlated with the<br/>bond's ________ A: time<br/>to maturity. B: coupon<br/>rate. C: yield<br/>to maturity. D: All<br/>of the options are correct. E: None<br/>of the options are correct.
The maturity of the body is a good measure of adulthood.
The maturity of the body is a good measure of adulthood.
Bootstrapping<br/>involves( ) A: Calculating the<br/>yield on a bond B: Working from<br/>short maturity instruments to longer maturity instruments determining<br/>zero rates at each step C: Working from long<br/>maturity instruments to shorter maturity instruments determining zero<br/>rates at each step D: The calculation<br/>of par yields
Bootstrapping<br/>involves( ) A: Calculating the<br/>yield on a bond B: Working from<br/>short maturity instruments to longer maturity instruments determining<br/>zero rates at each step C: Working from long<br/>maturity instruments to shorter maturity instruments determining zero<br/>rates at each step D: The calculation<br/>of par yields
The return on a bond is equal to the yield to maturity when _________
The return on a bond is equal to the yield to maturity when _________
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
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
中国大学MOOC: Henry VIII of England was the only male heir of Edward VII to live to the age of maturity.
中国大学MOOC: Henry VIII of England was the only male heir of Edward VII to live to the age of maturity.