UNIT 02 Slides Flashcards
1
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2
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memorize this chart
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When is CY higher than YTM?
When is CY lower than YTM?
Memorize these things
3
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Convertable: Can convert bond to stock. Pays a lower coupon.
4
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Can’t default on stocks
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6
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If they are MOODY! they are UP and down … (multiple caps)
STANDARD and POORS is always YELLING because they are POOR (all caps)
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8
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9
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10
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11
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12
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Getting paid to wait. Don’t have to wait long
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14
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15
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NOT ISSUED BY THE GOVERNMENT
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17
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Still have to pay tax on amount owed
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19
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20
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21
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22
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23
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24
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25
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26
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27
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28
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29
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30
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31
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32
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These are quite risky
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34
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35
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36
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37
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38
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39
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40
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41
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42
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43
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44
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45
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46
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47
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48
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49
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50
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51
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52
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53
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54
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55
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56
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57
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58
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59
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SYNONYMS
60
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61
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62
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63
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64
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65
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66
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