题目内容

Through risk-sharing activities, a financial intermediary ________ its own risk and ________ the risks of its customers.

A. reduces; increases
B. increases; reduces
C. reduces; reduces
D. increases; increases

查看答案
更多问题

The presence of ________ in financial markets leads to adverse selection and moral hazard problems that interfere with the efficient functioning of financial markets.

A. noncollateralized risk
B. free-riding
C. asymmetric information
D. costly state verification

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

A. $650
B. $1300
C. $130
D. $13

The process of calculating what dollars received in the future are worth today is called ().

A. calculating the yield to maturity
B. discounting the future
C. compounding the future
D. compounding the present

The interest rate that equates the present value of the cash flow received from a debt instrument with its market price today is the ().

A. simple interest rate
B. discount rate
C. yield to maturity
D. real interest rate

答案查题题库