10. Since the European Central Bankinterest on reserves, banks have acost of complying with reserve requirements when compared to banks complying with the reserve requirements of the Federal Reserve.

Prices
and returns for ________ bonds are more volatile than those for
________ bonds,  


everything
else held constant.

If
you expect the inflation rate to be 4 percent next year and a one
year bond has a yield to  


maturity
of 7 percent, then the real interest rate on this bond is

When
the ________ interest rate is low, there are greater incentives to
________ and fewer  


incentives
to ________.

Which
of the following are generally true of all bonds?   

Which
of the following are true concerning the distinction between interest
rates and returns?

The
yield to maturity for a discount bond is ________ related to the
current bond price.

Which
of the following $1,000 face-value
securities has the highest yield to maturity?  


A)

If
a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon
payment every year is

Which
of the following are true of fixed payment loans?

With
an interest rate of 6 percent, the present value of $100 next year is
approximately