1.-Describe each of the following bullish strategies, be sure to explain why each is bullish and the potential for gain and loss under each strategy:
-Buying stock
-Buying a call option
-Writing a put option
2. The _____ premium is that portion of a nominal interest rate or bond yield that represents compensation for the possibility of nonpayment by the bond issuer.
inflation
interest rate risk
default risk
liquidity
taxability