Part II Simple Choice Questionsmultiple choice – choose one best answer or short fill-in-blank (follow instructions) 2 points each, 10 questions Partial credit is possible if more than one fill-in-blank on a given question. After viewing this information, select next and then select okin the message box that appears since there is no answer to be entered.

Consider the following code: Ignoring the memory leak, what is the number output  by this program when run from the command line as as $ ./a.out 31  

Which of the following statements about sentence length in technical writing is true?

The word Note in a set of instructions means that

When giving instructions, where should the writer provide diagrams and illustrations?

What is the function of informative abstracts and executive summaries in formal reports?

A 20-year bond with 10% yearly coupons has a 9.25% current yield.  It can be called in three years at a call price of $1050.  Find the yield to call.

Find the duration of a portfolio consisting of one $1,000 face amount 0-coupon one-year bond and one $1,000 face amount 0-coupon 2-year bond, if the applicable market interest rate (EAR) is 4%.

You buy a 25-year bond with 6% annual coupons when the market interest rate (YTM) is 8%.  One year later, the market interest rate on similar investments is 7.5%. What is your capital gains yield? 

XYZ Corporation’s bonds are priced for a yield to maturity of 5.2% and have a rating of BB.  According to the rating agency, the historical yearly default rate of BB bonds has been 3.1%, and bondholders have typically lost 80% of their value.  Which of the following is an estimate of XYZ’s cost of debt from this information?