题目 A5-year, 5% semiannual coupon payment corporate bond is priced at 104.967 per100 of par value. The bond’s yield-to-maturity, quoted on a semiannual bondbasis, is 3.897%. An analyst has been [...]
题目 Which type of call bond option offers the greatest flexibility as to when the issuer can exercise the option? 选项 A.A Bermuda call B.A European call C.An American call 答案 C 解析 ： C [...]
题目 The following information relates to Question below:「huixue_img/importSubject/1564548167314313216.png」Both bonds pay interest annually. The current three-year EUR interest rate swap [...]
题目 A mechanism by which an issuer may be able to offer additional bonds to the general public without preparing a new and separate offering circular best describes: 选项 A.the grey market. B.a [...]
题目 A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in three years. If the required rate of return on the bond is 5%, the [...]
题目 Which of the following best describes a negative bond covenant? The requirement to: 选项 A.insure and maintain assets. B.comply with all laws and regulations. C.maintain a minimum interest [...]
题目 Which of the following describes privately placed bonds? 选项 A.They are non-underwritten and unregistered. B.They usually have active secondary markets. C.They are less customized than [...]
题目 Agency bonds are issued by: 选项 A.local governments. B.national governments. C.quasi-government entities 答案 C 解析 ： C is correct. Agency bonds are issued by quasi-government [...]
题目 An affirmative covenant is most likely to stipulate: 选项 A.limits on the issuer’s leverage ratio. B.how the proceeds of the bond issue will be used. C.the maximum percentage of the [...]
题目 A bond offers an annual coupon rate of 4%, with interest paid semiannually. The bond matures in two years. At a market discount rate of 6%, the price of this bond per 100 of par value is [...]
