Bond Markets MCQs

Option A: contraction mortgages

Option B: bonds and mortgages

Option C: expansion bonds

Option D: expansion mortgages

Correct Answer: bonds and mortgages ✔

Option A: sinking fund provision

Option B: sinking fund premium

Option C: sinking fund discount

Option D: floating fund provision

Correct Answer: sinking fund provision ✔

Option A: not receive fee

Option B: receive fee

Option C: receive interest rate

Option D: receive market rate of return

Correct Answer: receive fee ✔

Option A: Brady bonds

Option B: swapped bonds

Option C: developed bonds

Option D: developing bonds

Correct Answer: Brady bonds ✔

Option A: dirty price

Option B: clean price

Option C: paid price

Option D: unpaid price

Correct Answer: dirty price ✔

Option A: Federal, local government & corporation

Option B: Federal corporation

Option C: government debts

Option D: stock calculator

Correct Answer: Federal, local government & corporation ✔

Option A: corporate markets

Option B: treasury markets

Option C: bond markets

Option D: municipal markets

Correct Answer: bond markets ✔

Option A: general obligation bonds

Option B: general obligation notes

Option C: general obligation tax

Option D: general obligation savings

Correct Answer: general obligation bonds ✔

Option A: under-developed markets

Option B: developed markets

Option C: primary markets

Option D: secondary markets

Correct Answer: secondary markets ✔

Option A: tax equivalent rate of return

Option B: local rate of return

Option C: withholding tax rate

Option D: general sales tax rate

Correct Answer: tax equivalent rate of return ✔

Option A: STRIP

Option B: separated security

Option C: inflated security

Option D: coupon paid security

Correct Answer: STRIP ✔

Option A: 1.16

Option B: 1025

Option C: 75

Option D: 0.0116

Correct Answer: 75 ✔

Option A: local markets

Option B: state markets

Option C: international markets

Option D: national markets

Correct Answer: international markets ✔

Option A: interbank bonds

Option B: intrabank bonds

Option C: Australian bonds

Option D: Eurobonds

Correct Answer: Eurobonds ✔

Option A: higher than traditional

Option B: lower than promised

Option C: higher than promise

Option D: lower than traditional

Correct Answer: lower than promised ✔

Option A: 12.65

Option B: 15.65

Option C: 17.65

Option D: 20.65

Correct Answer: 20.65 ✔

Option A: major suppliers

Option B: major investors

Option C: major portfolio holders

Option D: major rates decider

Correct Answer: major suppliers ✔

Option A: position in industry

Option B: overall financial strength

Option C: issuer’s profitability and liquidity

Option D: all of the above

Correct Answer: all of the above ✔

Option A: lower federal rate

Option B: higher federal rate

Option C: higher risk

Option D: lower risk

Correct Answer: lower risk ✔

Option A: bull dog bonds

Option B: bull cat bonds

Option C: Yankee bonds

Option D: samurai bonds

Correct Answer: samurai bonds ✔

Option A: relatively lower

Option B: relatively higher

Option C: quantifiable

Option D: not be quantifiable

Correct Answer: relatively lower ✔

Option A: unregistered bonds

Option B: indenture bonds

Option C: trustee bonds

Option D: registered bonds

Correct Answer: registered bonds ✔

Option A: country of premium

Option B: country of origin

Option C: country of selling

Option D: country of discount

Correct Answer: country of origin ✔

Option A: most lowest

Option B: most highest

Option C: least lowest

Option D: least highest

Correct Answer: most lowest ✔

Option A: avoid taxes

Option B: avoid interest hike

Option C: avoid high floating rate

Option D: avoid portfolio issues

Correct Answer: avoid taxes ✔

Option A: 0.0204

Option B: 2.04

Option C: 280

Option D: 820

Correct Answer: 280 ✔

Option A: currency of denomination

Option B: currency of home country

Option C: currency of Australia

Option D: currency of local market

Correct Answer: currency of denomination ✔

Option A: split rating

Option B: sinking rating

Option C: automated rating

Option D: floating rating

Correct Answer: split rating ✔

Option A: sinking analysis

Option B: analyzing financial ratios

Option C: portfolio scenario value

Option D: automated machine analysis

Correct Answer: analyzing financial ratios ✔

Option A: secured debt issues

Option B: unsecured debt issues

Option C: volatile debt issues

Option D: collateral debt issues

Correct Answer: secured debt issues ✔

Option A: expansion debentures

Option B: premium debentures

Option C: subordinated debentures

Option D: ordinate debentures

Correct Answer: subordinated debentures ✔

Option A: trustee

Option B: trust department

Option C: monitoring department

Option D: indenture department

Correct Answer: trustee ✔

Option A: municipality

Option B: insurance companies

Option C: negotiable transactions

Option D: global placement

Correct Answer: municipality ✔

Option A: 0.0613

Option B: 0.0713

Option C: 0.08125

Option D: 0.0913

Correct Answer: 0.08125 ✔

Option A: more inflated

Option B: less inflated

Option C: less risky

Option D: more risky

Correct Answer: more risky ✔

Option A: treasury notes and bonds

Option B: contraction bonds

Option C: expansion bonds

Option D: dollar bonds

Correct Answer: treasury notes and bonds ✔

Option A: contraction bonds

Option B: expansion bonds

Option C: dollar bonds

Option D: bonds

Correct Answer: bonds ✔

Option A: US.T-Bonds

Option B: UK-T-Bonds

Option C: UK-B-bonds

Option D: US-B-Bonds

Correct Answer: US.T-Bonds ✔

Option A: related to international market

Option B: related to equity

Option C: related to common stock

Option D: related to national market

Correct Answer: related to equity ✔

Option A: lower paid interest rates

Option B: higher paid interest rates

Option C: registered interest rates

Option D: unregistered interest rates

Correct Answer: higher paid interest rates ✔

Option A: 5000

Option B: 10000

Option C: 12000

Option D: 22000

Correct Answer: 5000 ✔

Option A: 15.24

Option B: 13.24

Option C: 20.24

Option D: 19.24

Correct Answer: 20.24 ✔

Option A: index commitment underwriting

Option B: insurance underwriting

Option C: default risk underwriting

Option D: firm commitment underwriting

Correct Answer: firm commitment underwriting ✔

Option A: contributed bonds

Option B: non-callable bonds

Option C: callable bonds

Option D: discounted bonds

Correct Answer: non-callable bonds ✔

Option A: treasury basis

Option B: corporate basis

Option C: premium basis

Option D: discount basis

Correct Answer: discount basis ✔

Option A: highly risky and higher yields

Option B: highly risky and lower yields

Option C: less risky and higher yields

Option D: less risky and lower yields

Correct Answer: highly risky and higher yields ✔

Option A: treasury notes and bonds

Option B: corporate bonds

Option C: municipal bonds

Option D: all of the above

Correct Answer: all of the above ✔

Option A: STORI

Option B: STRIPS

Option C: RIAPS

Option D: STORIAP

Correct Answer: STRIPS ✔

Option A: face value of bond

Option B: face value of stock

Option C: book value of stock

Option D: book value of bond

Correct Answer: face value of bond ✔

Option A: high yield bonds

Option B: low yield bonds

Option C: zero floating bonds

Option D: high floating rate bonds

Correct Answer: high yield bonds ✔

Option A: subordinated debentures

Option B: ordinate debentures

Option C: expansion debentures

Option D: premium debentures

Correct Answer: subordinated debentures ✔

Option A: 307

Option B: 1063

Option C: 2063

Option D: 3063

Correct Answer: 307 ✔

Option A: 200

Option B: 300

Option C: 1320

Option D: 0.0138

Correct Answer: 200 ✔

Option A: schools

Option B: governments

Option C: city and country

Option D: all of the above

Correct Answer: all of the above ✔

Option A: local placement

Option B: public offering

Option C: government placement

Option D: index placement

Correct Answer: public offering ✔

Option A: paid interest

Option B: unpaid interest

Option C: zero interest

Option D: accrued interest

Correct Answer: accrued interest ✔

Option A: bond covenants

Option B: private covenants

Option C: federal covenants

Option D: expansion covenants

Correct Answer: bond covenants ✔

Option A: not be paid

Option B: be paid

Option C: be sold

Option D: not be sold

Correct Answer: be paid ✔

Option A: lesser cost fluctuations

Option B: wider price fluctuations

Option C: less price fluctuations

Option D: wider cost fluctuations

Correct Answer: wider price fluctuations ✔

Option A: annually

Option B: semiannually

Option C: monthly

Option D: quarterly

Correct Answer: annually ✔

Option A: 0.018

Option B: 200

Option C: 700

Option D: 1.8

Correct Answer: 200 ✔

Option A: relatively lower

Option B: relatively higher

Option C: relatively zero

Option D: relatively discounted

Correct Answer: relatively lower ✔

Option A: consumer price index

Option B: manufacturing price index

Option C: auction selling index

Option D: inflation payment index

Correct Answer: consumer price index ✔

Option A: return on assets

Option B: return on callable bond

Option C: return on non-callable bonds

Option D: return on equity

Correct Answer: return on callable bond ✔

Option A: long term bonds

Option B: short term bonds

Option C: corporate bonds

Option D: Federal Reserve bonds

Correct Answer: corporate bonds ✔

Option A: decreased floatation

Option B: increased floatation

Option C: increased marketability

Option D: decreased marketability

Correct Answer: increased marketability ✔

Option A: 1.95

Option B: 0.0195

Option C: 222

Option D: 690

Correct Answer: 690 ✔

Option A: 2.25

Option B: 355

Option C: 925

Option D: 0.0225

Correct Answer: 925 ✔

Option A: yield to income tax

Option B: yield to municipal bonds

Option C: yield to tax rate

Option D: yield to revenue bonds

Correct Answer: yield to municipal bonds ✔

Option A: more index inflation

Option B: less indexed inflation

Option C: less active

Option D: more active

Correct Answer: less active ✔

Option A: municipal bonds

Option B: reserve bonds

Option C: state bonds

Option D: federal bonds

Correct Answer: municipal bonds ✔

Option A: double B

Option B: triple B

Option C: triple A

Option D: double A

Correct Answer: triple A ✔

Option A: LIBOR rate monthly

Option B: coupon interest monthly

Option C: coupon interest semiannually

Option D: coupon interest annually

Correct Answer: coupon interest semiannually ✔

Option A: investment banks

Option B: commercial banks

Option C: euro transfer agencies

Option D: currency deposit banks

Correct Answer: investment banks ✔

Option A: exceed non-convertible value

Option B: exceed collateral value

Option C: exceed mortgage value

Option D: exceeds market value of bond

Correct Answer: exceeds market value of bond ✔

Option A: local tax and revenue

Option B: global tax and revenue

Option C: print notes

Option D: commercial notes

Correct Answer: local tax and revenue ✔

Option A: premium bid auction

Option B: discount bid auction

Option C: multiple bid auction

Option D: One bid auction

Correct Answer: One bid auction ✔

Option A: origination services

Option B: document collection services

Option C: advising services

Option D: both a and c

Correct Answer: both a and c ✔

Option A: higher yields

Option B: lower yields

Option C: untimed yields

Option D: termed yields

Correct Answer: higher yields ✔

Option A: triple B rating bonds

Option B: double B

Option C: triple A

Option D: double A

Correct Answer: triple B rating bonds ✔

Option A: call premium

Option B: call provision

Option C: discount premium

Option D: discount provision

Correct Answer: call premium ✔

Option A: thin markets

Option B: thick markets

Option C: higher underwriting

Option D: lower underwriting

Correct Answer: thin markets ✔

Option A: developed bonds

Option B: developing bonds

Option C: Brady bonds

Option D: swapped bonds

Correct Answer: Brady bonds ✔

Option A: reserve placement

Option B: federal placement

Option C: private placement

Option D: government placement

Correct Answer: private placement ✔

Option A: pledged bonds

Option B: serial bonds

Option C: series bonds

Option D: parallel bonds

Correct Answer: serial bonds ✔

Option A: 3800

Option B: 2800

Option C: 4800

Option D: 5800

Correct Answer: 4800 ✔

Option A: floating market

Option B: risky market

Option C: secondary market

Option D: primary market

Correct Answer: secondary market ✔

Option A: clean price bonds

Option B: discount index bonds

Option C: premium index bonds

Option D: inflation index bonds

Correct Answer: inflation index bonds ✔

Option A: finance bonds

Option B: revenue bonds

Option C: financing bonds

Option D: project bonds

Correct Answer: revenue bonds ✔