Bonds issued by state and local governments are called:

You will receive €700,000 at the end of each of the next 25 years. If the proper discount rate to that series of payments is 10%, then what is the value today of that series of cash flows?

A bond that gives the issuer the right to repurchase in the future at a predetermined price is:

The value of any bond should be:

What is the price of a bond that has an 8.5% coupon rate with 14 years to maturity if the discount rate for such a bond is 9%? Coupons are paid semi-annually.

You know that the yield on a 7-year bond is 12% while the yield on a 3-year bond beginning 7-years from now is 5%. If you believe in the expectations theory, what should be the yield on a 10-year bond if the investment begins today?

You will receive €100,000 at the end of each of the next 5 years. If the proper discount rate to that series of payments is 5%, then what is the value today of that series of cash flows?

You find that the yield on a 4-year bond is 8% while that of a 3-year bond is 7%. What should be the yield on a 1-year bond beginning 3 years from now as predicted by the expectations theory?

You own a bond that pays a 10% annualized semi-annual coupon rate and has 6 years to maturity. If the discount rate increases from 10% to 13% during the next 4 years of the bonds life, then what is the euro increase (decrease) in value for the bond during the two year period?

The price of a bond in the Wall Street Journal is 107:16. What is the yield to maturity of the bond if it has 6 years to maturity and it has an 8% coupon rate (it pays semi-annual coupons)?