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Homework%20_3%20Chapter%207

Homework%20_3%20Chapter%207 - Chapter 7 Student 1 The...

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Chapter 7 Student: ______________________________________________________________________ 1. The annual interest on a bond divided by the bond's market price is called the: A. current yield. B. call yield. C. market yield. D. yield-to-maturity. 2. The price you receive when you sell a Treasury bond is the _____ price. 3. Which one of the following best reflects the time value of money? 4. Sue is considering the purchase of one of two bonds, a 4.5 percent municipal bond or a 7 percent corporate bond. If Sue has a marginal tax rate of 35 percent, which bond should she chose? Why? Ignore state and local taxes.
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