第5单元金融考试题（卷）西南财经大学天府学院

《第5单元金融考试题（卷）西南财经大学天府学院》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、FinancialMarketsandInstitutions,7e(Mishkin)Chapter5HowDoRiskandTermStructureAffectInterestRates?5.1MultipleChoice1)ThetermstructureofinterestratesisA)therelationshipamonginterestratesofdifferentbondswiththesameriskandmaturity.B)thestructureofhowinterestratesmoveovertime.C)therelationshipamong

2、thetermstomaturityofdifferentbondsfromdifferentissuers.D)therelationshipamonginterestratesonbondswithdifferentmaturitiesbutsimilarrisk.Answer:D2)TheriskstructureofinterestratesisA)thestructureofhowinterestratesmoveovertime.B)therelationshipamonginterestratesofdifferentbondswiththesamematurity

3、.C)therelationshipamongthetermstomaturityofdifferentbonds.D)therelationshipamonginterestratesonbondswithdifferentmaturities.Answer:B3)Whichofthefollowinglong-termbondsshouldhavethelowestinterestrate?A)CorporateBaabondsB)U.S.TreasurybondsC)CorporateAaabondsD)MunicipalbondsAnswer:D4)Whichofthef

4、ollowinglong-termbondsshouldhavethehighestinterestrate?A)CorporateBaabondsB)U.S.TreasurybondsC)CorporateAaabondsD)MunicipalbondsAnswer:A5)TheriskpremiumoncorporatebondsbecomessmallerifA)theriskinessofcorporatebondsincreases.B)theliquidityofcorporatebondsincreases.C)theliquidityofcorporatebond

5、sdecreases.D)theriskinessofcorporatebondsdecreases.E)eitherBorDoftheaboveoccur.Answer:E6)BondswithrelativelylowriskofdefaultarecalledA)zerocouponbonds.B)junkbonds.C)investment-gradebonds.D)noneoftheabove.Answer:C7)BondswithrelativelyhighriskofdefaultarecalledA)Bradybonds.B)junkbonds.C)zerocou

6、ponbonds.D)investment-gradebonds.Answer:B8)Acorporationsufferingbiglossesmightbemorelikelytosuspendinterestpaymentsonitsbonds,therebyA)raisingthedefaultriskandcausingthedemandforitsbondstorise.B)raisingthedefaultriskandcausingthedemandforitsbondstofall.C)loweringthedefaultriskandcausingthedem

7、andforitsbondstorise.D)loweringthedefaultriskandcausingthedemandforitsbondstofall.Answer:B9)(I)Ifacorporationsuffersbiglosses,thedemandforitsbondswillrisebecauseofthehigherinterestratesthefirmmustpay.(II)Thespreadbetweentheinterestratesonbond