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Match description to the best answer choice. Answers may be used more than once.

_____________ are broad, long range attributes that a business seeks to accomplish; they tend to be general and sometimes abstract.

Match the description to the best term.

When the bond price is more than face, the bond trades at ______

Ajax wants to issue a 10 year-zero coupon bond.  The bond will have a face value of $1000.  The yield on 10-year government T-bonds is [x]%.  Ajax has a rating of BBB, and you estimate the default risk premium at [y]%.  The bonds will be privately placed, so trading will be difficult.  The liquidity premium is [z]%.  Find the price of the bond.  Assume all yields have annual compounding.Round your answer to the nearest dollar.

A [z]-year coupon bond has a face value of $1000.  The coupon rate is [x]%, and coupon payments are made semiannually.  If the yield is [y]% compounded semiannually, what is the price of the bond. Answer should be to two decimal places and based on the $1000 face.

The yield rises by 2%.  Which bond will have a greater percentage change in price

You buy a zero coupon bond for $247.00.  The bond matures in 12 years and the face value is $1000.  What is the yield to maturity on this bond?

If the inflation rate is [x] and the nominal return is [y], find the real return.  Answer should be xx.xx

A change in anticipated inflation would cause the yield curve to shift.