举一反三
- In the foreign exchange market, there would be forward oncurrencies with higher interest rates and forward on currencies with lower interest rates. A: discount, discount B: premium, premium C: discount, premium D: premium, discount
- The spread between the interest rates on bonds with default risk and default-free bonds is called the risk premium.
- (I) The risk premium widens as the default risk on corporate bonds increases. (II) The risk premium widens as corporate bonds become less liquid.
- Premium on Bonds Payable is an adjunct or accretion liability account.
- Premium on Bonds Payable is an adjunct or accretion liability account. A: 正确 B: 错误
内容
- 0
Smith Corporation issues $2,000,000, 10-year, 8% bonds payable at a price of 98. The journal entry to record the issuance will include a:
- 1
The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. The forward ____ is ____ percent. A: discount; 1.9 B: discount; 1.8 C: premium; 1.9 D: premium; 1.8
- 2
The one-year forward rate of the British pound is quoted at $1.20, and the spot rate of the British pound is quoted at $1.23. The<br/>forward ____ is ____ percent. A: discount; 2.5 B: discount; 2.4 C: premium; 2.5 D: premium; 2.4
- 3
The calculation of the forward foreign exchange rate is ( ) A: Under the direct quotation, the spot exchange rate plus premium points and minus discount points B: Under the indirect quotation, the spot exchange rate plus premium points and minus discount points C: Under the indirect quotation, the spot exchange rate minus premium points and plus discount points D: The longer the period, the greater the bid-ask spread
- 4
(I) The risk premium widens as the default risk on corporate bonds increases. (II) The risk premium widens as corporate bonds become less liquid. A: (I) is true, (II) false. B: (I) is false, (II) true. C: Both are true. D: Both are false.