Consol is a perpetual bond with no maturity date and no repayment of principal that...
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Finance
Consol is a perpetual bond with no maturity date and no repayment of principal that makes fixed coupon payments of $ C forever. It is a special case of a coupon bond.
a.
Cartel
b.
Eurobond
c.
Consol
d.
Zero-coupon bond
Commercial Banks fall under which of the following types of Financial Intermediaries?
a.
Contractual savings institutions
b.
Depository institutions
c.
Investment intermediaries
d.
Mutual Funds
A bond selling at --------------- is priced at 100% of face value.
a.
par
b.
discount
c.
premium
d.
book value
Calculate the nominal interest rate if the real interest rate is 2% and the level of inflation is 3%.
a.
3 %
b.
5 %
c.
6 %
d.
7 %
What is the present value of $ 300 to be paid in two years if the interest rate is 20%?
a.
$ 205.33
b.
$ 208.33
c.
$ 206.33
d.
$ 202.33
Commercial Banks fall under which of the following types of Financial Intermediaries?
a.
Contractual savings institutions
b.
Depository institutions
c.
Investment intermediaries
d.
Mutual Funds
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