Capital Budgeting Crossword

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Across
  1. 3. a major risk
  2. 6. a benchmark interest rate
  3. 7. a type of spread
  4. 9. what we might call the price of a bond off a curve
  5. 11. a grade of bond that is not junk
  6. 13. an agreement that helps dealers borrow money
  7. 14. a duration measure that makes sense as a unit of time
Down
  1. 1. not a major risk,
  2. 2. a bond not high up on the payment priority list
  3. 4. a table that shows the bond values over time
  4. 5. the economic value of a bond
  5. 8. a method to build a yield curve
  6. 10. a bond not trading at par
  7. 12. the liquidity __ hypothesis