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Bond Puzzle

Teacher: Dr. Griesdorn
Horizontales
A type of bond that makes no periodic interest payments.
Bonds with lower than a BBB credit rating are called
A bond's price equals the _______ of all future cash flows.
The effective annual interest rate earned if a bond is held for its lifetime.
When a bond is sold for more than the par value.
The amount of interest payment from a bond is also called the
Happens twice a year.
Name for when a bond must be paid back in full.
Verticales
There is an ________ relationship between bond prices and interest rates.
A zero coupon bond called a T-bill is issued by what department of the U.S. government?
The only thing that effects the price of a coupon bond.
This value will always be $1,000 for bond questions.
The coupon rate x 1000 / 2 = the _____ key.
When a bond is sold for less than par value.
Like an IOU from a company. You give them money and they promise to pay you back.