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Many financial experts recommend bond funds for very large investors,because these investments offer diversification and professional management.

A) True
B) False

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What is the current yield for a $1,000 corporate bond that pays 6 percent and has a current market value of $600?


A) 6 percent
B) 8 percent
C) 10 percent
D) 12 percent
E) 14 percent

F) A) and B)
G) B) and E)

Correct Answer

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Which type of bond is not registered in the investor's name?


A) Revenue
B) General obligation
C) Bearer
D) Zero-coupon
E) Tax-exempt

F) All of the above
G) C) and E)

Correct Answer

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