Quiz on ” Bonds – The Price of a Bond “

1. What is the secondary market for bonds?

a) The market in which bonds are initially issued

b) The market in which all bonds trade after the initial issuance

c) The market in which bonds are redeemed

2. What is the clean price of a bond?

a) The price that an investor pays for a bond including accrued coupon

b) The price at which a bond is traded in the secondary market

c) The price quoted for a bond as a percentage of its face value

3. How is the dirty price of a bond calculated?

a) By multiplying the face value of the bond by the clean price percentage

b) By adding the accrued interest to the clean price of the bond

c) By subtracting the accrued interest from the clean price of the bond

Information

Average score
Your score