货币银行学练习教学幻灯片讲义.ppt

116) Which of the following are true for the current yield? A) The current yield is defined as the yearly coupon payment divided by the price of the security. B) The current yield and the yield to maturity always move together. C) The formula for the current yield is identical to the formula describing the yield to maturity for a discount bond. D) All of the above are true. E) Only (a) and (b) of the above are true. 129) The _____ states that the nominal interest rate equals the real interest rate plus the expected rate of inflation. Fisher equation. Keynesian equation. C) Monetarist equation. D) Marshall equation. CH5 1) If the expected return on ABC stock rises from 5 to 10 percent and the expected return on CBS stock is unchanged, then the expected return of holding CBS stock _____ relative to ABC stock and the demand for CBS stock _____. rises; rises B) rises; falls C) falls; rises D) falls; falls 10) If wealth increases, the demand for stocks _____ and that of long-term bonds _____. increases; increases increases; decreases C) decreases; decreases D) decreases; increases 14) If housing prices are suddenly expected to shoot up, then, other things equal, the demand for houses will _____ and that of Treasury bills will _____. increase; increase increase; decrease C) decrease; decrease D) decrease; increase 27) You would be less willing to buy ATT bonds (holding everything else constant) if A) the brokerage commissions on bond sales rise. B) interest rates are expected to rise. C) you expected jewelry to appreciate sharply in value. D) any of the above occurs. E) either (a) or (c) of the above occurs. 34) If wealth decreases, the demand for common stocks _____ and that of long-term bonds _____. increases; increases increases; decreases C) decreases; decreases D) decreases; increases 43) If the expected return on U.S. Treasury bonds falls from 8 to 7 percent and the expected return on corporat