1. Which of the following reasons is why bonds are known as fixed income investments?
a) Some investors on fixed incomes buy them
b) Investors know how much they will receive in interest payments
c) Investors will not receive their principal when the bond's term is up
d) All of these
2. The U.S. Treasure yield curve plots: -
a) Time to maturity on the x-axis
b) Stock prices on the x-axis
c) Par values on the y-axis
d) Coupon rates on the y-axis