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Security analysis and Investment - Lesson 6

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

How to calculate current yield of a bond

a)

Annual Coupon/ Face value

b)

Annual Coupon/ Market price

2.

Which bond pays interest forever?

a)

Zero - coupon bond

b)

Coupon bond

c)

Perpetual bond

3.

If current market price of the bond is lower than face value. What is the relationship between coupon rate and current yield?

a)

Coupon rate = Current yield

b)

Coupon rate < Current yield

c)

Coupon rate > Current yield

4.

Imagine that you are holding the bond with market price lower than face value. If you hold the bond until maturity date, you could receive capital gain which is

a)

positive number

b)

negative number

5.

Internal rate of return (IRR) is the rate which equalize

a)

Face value versus present value of future cash flow

b)

Market value versus present value of future cash flow

6.

Internal rate of return which is paid to bond investor if he held the bond until maturity date has the name:

a)

Current yield

b)

Yield to maturity

7.

Bond A has face value $1000, term to maturity: 10 years. The reasonable price of this bond at current time is $800. What happens with reasonable price of this bond after 2 years?

a)

Increase

b)

Decrease

c)

Unchanged

8.

People often said "Money never sleep". It means that:

a)

Most of us reinvest money at the end of each year

b)

Most of us don't reinvest money at the end of each year

9.

At time t = 0, I have $100, interest rate = 10%. If I do compounding investment, how much money I could received after 3 years?

a)

100/1.1^3

b)

100/1.1^2

c)

100*1.1^2

d)

100*1.1^3

10.

Which bond will pay lowest interest rate?

a)

Commercial bank's bond

b)

Corporate bond

c)

Government bond