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fin 421 assignment 1 Terms in this set (27) A loan that requires the borrower to make the same payment every period until the maturity date is called a fixed-payment loan. A bond's future payments are called its cash flows A credit market instrumen$6.99
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fin 421 assignment 1 Terms in this set (27) A loan that requires the borrower to make the same payment every period until the maturity date is called a fixed-payment loan. A bond's future payments are called its cash flows A credit market instrumen
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Course
GED - General Educational Development
Institution
GED - General Educational Development
fin 421 assignment 1
Terms in this set (27)
A loan that requires the borrower to make the same payment every period until the maturity date is called a fixed-payment loan.
A bond's future payments are called its cash flows
A credit market instrument that pays the owner the face value of t...
A loan that requires the borrower to make fixed-payment loan.
the same payment every period until the
maturity date is called a
A bond's future payments are called its cash flows
A credit market instrument that pays the discount bond
owner the face value of the security at the
maturity date and nothing prior to then is
called a
(I) A discount bond requires the borrower to 1 is false, 2 is true
repay the principal at the maturity date plus
an interest payment. (II) A coupon bond pays
the lender a fixed interest payment every
year until the maturity date, when a specified
final amount (face or par value) is repaid.
If a $5,000 coupon bond has a coupon rate 5000*0.13 = 650
of 13 percent, then the coupon payment
every year is
The concept of______ is based on the notion present value
that a dollar paid to you in the future is less
valuable to you than a dollar today.
Dollars received in the future are worth less; discounting
________ than dollars received today. The
process of calculating what dollars received
in the future are worth today is called____ _.
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