爱考云 - 搜题找答案神器_海量试题解析在线查

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 [...]

题目 For the issuer, a sinking fund arrangement is most similar to a: 选项 A.term maturity structure. B.serial maturity structure. C.bondholder put provision. 答案 B 解析 ： B is correct. [...]

题目 With respect to floating-rate bonds, a reference rate (such as MRR) is most likely used to determine the bond’s: 选项 A.spread. B.coupon rate. C.frequency of coupon payments. 答案 B [...]

题目 Which of the following is a type of external credit enhancement? 选项 A.Covenants B.A surety bond C.Overcollaterization 答案 B 解析 ： B is correct. A surety bond is an external credit [...]

题目 A South African company issues bonds denominated in pound sterling that are sold to investors in the United Kingdom. These bonds can be best described as: 选项 A.Eurobonds. B.global bonds. [...]