Question: Practice Assignment #7 4. Bonds rated BBB (Baa) and above are called: a. deep-discount bonds b.investment grade bonds c. bearer bonds d. par bonds e.

Practice Assignment #7

4. Bonds rated BBB (Baa) and above are called: a. deep-discount bonds b.investment grade bonds c. bearer bonds d. par bonds e. junk bonds 5. 10-year, 8% coupon bond that pays interest annually is currently selling for $1,070.24. What is its yield to maturity?: (The face value of the bond is $1,000) (approximately] a. 10.3% b. 9.7% c. 6.9% d. 7.0% e. none of the given ones 6. Which of the following rated bonds has the highest default risk? a. A b. AA C. AAA d. BBB e. BB 4. Bonds rated BBB (Baa) and above are called: a. deep-discount bonds b.investment grade bonds c. bearer bonds d. par bonds e. junk bonds 5. 10-year, 8% coupon bond that pays interest annually is currently selling for $1,070.24. What is its yield to maturity?: (The face value of the bond is $1,000) (approximately] a. 10.3% b. 9.7% c. 6.9% d. 7.0% e. none of the given ones 6. Which of the following rated bonds has the highest default risk? a. A b. AA C. AAA d. BBB e. BB

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