Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity

1.	Mary just purchased a bond which pays $60 a year in interest. What is this $60 called?    A.  coupon B.  face value C.  discount D.  call premium E.  yield Refer to section 7.1

2.	Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity. What is the $1,000 called?    A.  coupon B.  face value C.  discount D.  yield E.  dirty price Refer to section 7.1

3.	A bond's coupon rate is equal to the annual interest divided by which one of the following?    A.  call price B.  current price C.  face value D.  clean price E.  dirty price Refer to section 7.1

4.	The specified date on which the principal amount of a bond is payable is referred to as which one of the following?    A.  coupon date B.  yield date C.  maturity D.  dirty date E.  clean date Refer to section 7.1