Bonds and Mutual Funds Review

_________ is a bond that provides no interest payments

• 0 coupon bond

• Bearer Bond

• Debenture Bond

• Mutual Fund

The earnings a fund pays to shareholders are

• Serial Bonds

• Income Dividends

• Mortgage Bond

• Face Value

Companies or Municipalities with good financial stability issue

• Investment Grade Bonds

• Serial Bonds

• High Yield Bonds

• 0 coupon bonds

A _______ is a security issued by a state or local government

• Face Value

• Serial Bond

• Mortgage Bond

• Municipal Bond

The assets of a corporation are used to back a

• 0 coupon bond

• Mutual Fund

• Mortgage Bond

• Serial Bond

The amount one share of a mutual fund is worth is its

• Coupon

• Face Value

• Share Price

• Net Asset Value (NAV)

A mutual fund with no commission fees is a

• Serial Bond

• No load fund

• ETF

• open fund

______ are bonds issued at the same time with different maturity dates

• 0 Coupon Bonds

• Mortgage Bonds

• Serial Bonds

• Sinking Fund

______ is the dollar amount that a bondholder will receive at maturity

• Interest

• Face Value

• Coupon

• Premium

A ______ has a fixed number of shares that re issued

• Close End Fund

• ETF

• Open End Fund

• Bond