题目 A repurchase agreement is most comparable to a(n): 选项 A.interbank deposit. B.collateralized loan. C.negotiable certificate of deposit. 答案 B 解析 : B is correct. A repurchase [...]
题目 Which of the following statements related to secondary bond markets is most accurate? 选项 A.Newly issued corporate bonds are issued in secondary bond markets. B.Secondary bond markets are [...]
题目 An analyst evaluates the following information relating to floating rate notes (FRNs) issued at par value that have 3-month Libor as a reference [...]
题目 A bond with 20 years remaining until maturity is currently trading for 111 per 100 of par value. The bond offers a 5% coupon rate with interest paid semiannually. The bond’s annual [...]
题目 The repo margin is: 选项 A.negotiated between counterparties. B.established independently of market-related conditions. C.structured on an agreement assuming equal credit risks to all [...]
题目 An investor considers the purchase of a 2-year bond with a 5% coupon rate, with interest paid annually. Assuming the sequence of spot rates shown below, the price of the bond is closest [...]
题目 Compared with developed markets bonds, emerging markets bonds most likely: 选项 A.offer lower yields. B.exhibit higher risk. C.benefit from lower growth prospects. 答案 B 解析 : B is [...]
题目 Sovereign bonds are best described as: 选项 A.bonds issued by local governments. B.secured obligations of a national government. C.bonds backed by the taxing authority of a national [...]
题目 A bond issued internationally, outside the jurisdiction of the country in whose currency the bond is denominated, is best described as a: 选项 A.Eurobond. B.foreign bond. C.municipal bond. [...]
题目 The legal contract that describes the form of the bond, the obligations of the issuer, and the rights of the bondholders can be best described as a bond’s: 选项 A.covenant. B.indenture. [...]