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  • Security ________ link buyers and sellers by buying and selling securities at stated prices, while ________ are agents of investors who match buyers with sellers of securities. #91
  • Which of the following statements about financial markets and securities are true? #92
  • At the end of 2012, the value of debt instruments in the U.S. was around ________ trillion, and the value of equities was around ________ trillion. #93
  • Bonds that are sold in a foreign country and are denominated in a currency other than that of the country in which they are sold are known as #94
  • A loan that requires the borrower to make the same payment every period until the maturity date is called a #95
  • A bond's future payments are called its #96
  • A credit market instrument that pays the owner the face value of the security at the maturity date and nothing prior to then is called a #97
  • If a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon payment every year is #98
  • An $8,000 coupon bond with a $400 annual coupon payment has a coupon rate of #99
  • The bond markets are important because #100
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