Practice: Bonds and Cash
Fifteen scored problems on what a bond pays, why its price moves when interest rates do, who issues bonds and how they're rated, how inflation-protected bonds adjust, and which places for cash are insured.
What you'll do
This set works through the bonds module. You'll add up what a bond pays, price a bond after rates change and work out a yield, match Treasury bills, notes, and bonds to their maturities, sort ratings into investment grade and high yield, follow a TIPS through a year of inflation, decide which cash holdings are FDIC-insured, and use duration to estimate what a rate rise does to a bond fund. Each answer comes with the working, and your score appears as you go. Nothing is recorded outside this browser.
This draws on
Work through the problems in order and check each answer once you've committed to it. The score counts your first try. The bonds, funds, and numbers are hypothetical, and the last three problems use the optional lesson on duration.
The problems in this practice set are for members
Inside, each with a worked answer: What a bond pays (2 problems); Prices and yields (4 problems); Who issues bonds (3 problems); Inflation and cash (3 problems); Duration and the yield curve (3 problems).
Membership opens every lesson in the curriculum, the capstone projects, the interactive tools, and the members-only channels in the Hyperion Entities Discord. The first lesson of every module stays free.