remain constant regardless of the investment time period. decrease if the inv

remain constant regardless of the investment time period.
decrease if the investment time period is shortened.
decrease if the investment time period is lengthened.
be equal to $0.
be greater than the initial investment amount.

unequal payments each month for 18 months
payments of equal amount each quarter forever
unequal payments each year forever
equal payments every six months for 48 months
unending equal payments every other month

$1078
$1085
$927
$1000

Bond issuers maintain a listing of bondholders when bonds are issued in bearer form.
An indenture is a contract between a corporation and its shareholders.
Collateralized bonds are called debentures.
The description of any property used to secure a bond issue is included in the bond indenture.

10.50%
11.50%
11.75%
12%

$100
$400
$7.40
$86.40
None of the above

$35
$40
$27
$29

$2 $2.10 and $2.205
$2 $2.205 and $2.315
$2.10 $2.205 and $2.315
$2.10 $2.205 and $2.456

primary
main
secondary
principal
dealer

electronic dealer market.
electronic broker market.
market based on specialists.
dealer market with a single market maker.
electronic ECN.

yield to maturity.
yield to call.
total yield.
required yield.
current yield.

deferred call
market
liquidity
debenture
sinking fund

Bonds do not carry default risk.
Bonds are sensitive to changes in the interest rates.
Moody%u2019s and Standard and Poor%u2019s provide information regarding a bond%u2019s interest rate risk.
Municipal bonds are free of default risk.
None of the above is true

A bond that adjusts the coupon payments based on an interest rate index such as the T-bill.
An EE Savings Bond issued by the U.S. government.
A bond that does not have any coupons until maturity.
A bond that adjusts the coupon and face value payment based on inflation.
TIPS

Have coupons that depend on the company%u2019s income
Can be exchanged for a fixed number of shares before maturity only
Can be exchanged for a fixed number of shares before maturity
Allow the holder to require the issuer to buy the bond back