Question: 1. A bond that sells below its par value is called: a. A Premium Bond b. A Callable Bond c. A Sinking Fund Bond d.
1. A bond that sells below its par value is called:
| a. | A Premium Bond | |
| b. | A Callable Bond | |
| c. | A Sinking Fund Bond | |
| d. | A Discount Bond | |
| e. | A Bond with Warrants |
2. Bond Ratings primarily measure a bonds:
| a. | Maturity Risk | |
| b. | Default Risk | |
| c. | Liquidity Risk | |
| d. | Inflation Premium | |
| e. | Real Interest Rate |
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