Exercise 3. Цч вариантдан (а, б, ж) дцзэцн оланы сечин: Из
трехвариантовпродолжения предложения
(a, b, c ) выберитеправильный: 1.
Bond prices vary inversely with a) a specified set of
payments; b) market interest rates; c) the present value of the
income stream.
2.
Some bonds are indexed for a) an important component
of capital markets;b) the name and address of the current owner;
c) inflation.
3.
Corporate bonds promise a) specified payments at
specified dates; b) after – tax income; c) a discount to their
redemption value.
Exercise 4. Match the definitions of the words 1. bond a. anagreement by a government or a
company to pay you interest on the
money you have lent
2. issuer b. a person or an organization that has
control of money or property that has
been put into a thrust for smb
3. default c. things that are considered useless or of
little value
4. redemption d. what happens or appears if you do not
make any other choice or change
5. trustee e. an official organization that produces
shares, securities, notes, bonds fore sale
to the public
6. junk f. the act of exchanging shares for money