1. Which of these debt instruments pays periodic interest during the life of the loan, but none of the principal is repaid until maturity?
Debenture
Interest-only loan
Treasury bill
Indenture
Discount bond
2. Which of the following factors is NOT required for the determination of the value of a bond on a particular day?
Risk-free rate.
Coupon rate.
Market interest rate.
Number of periods until maturity.
Face value.