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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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