PuzzleType=Crossword PuzzleTitle=Types of Returns PuzzleDate= PuzzleAuthor= PuzzleCopyright=Play Games...Pass the Test © TESTivity PuzzleBackgroundColor=#FFFFFF GridBackgroundColor=#DFDFDF PuzzleTextColor=#000000 PuzzleTextSize=Normal CrosswordAllowCheck=True CrosswordAllowRevealWord=True CrosswordAllowRevealLetter=True CrosswordAllowSolve=False CrosswordForceUpperCase=True PuzzleUseTimer=True GridShadow=3 GridWidth=15 GridHeight=14 GridValues=0 0 0 0 0 0 0 0 0 0 0 1c0 0 0 0 0 1d1i1s1c1o1u1n1t0 1o0 0 0 0 0 0 0 0 1u0 0 0 0 0 1s0 1l0 1d1o1l1l1a1r1a1m1o1u1n1t0 1o0 0 0 0 0 0 1r0 0 0 0 1e0 0 1w0 0 1h1i1g1h1e1r0 0 0 1g0 0 1e0 0 0 0 0 0 1n0 1g1r1e1a1t1e1r0 0 0 0 0 0 1t0 0 0 0 1t0 0 0 0 0 0 0 0 0 1y0 1p1o1s1i1t1i1v1e0 0 0 0 0 1i0 0 0 0 1v0 0 0 0 1h1u1r1d1l1e0 0 1p1r1e1m1i1u1m0 0 1e0 0 1l0 0 0 0 0 0 0 0 0 0 0 1a0 0 1d1i1v1i1d1e0 0 0 0 0 0 1l0 0 0 0 0 0 0 0 0 0 0 0 Checksum=325541937 CWA=If a bond has a yield to maturity of 5% and a yield to call of 6%, you know the bond is trading at a CWA=The Net Present Value (NPV) of an investment is a ______, not a rate of return (2 words) CWA=If a bond is trading at a discount, yield to maturity will always be ____ than current yield CWA=When the IRR is ______ than the required return the investment is considered to be acceptable CWA=An investment is acceptable if the net present value is CWA=Internal Rate of Return (IRR) is also known as the _____ Rate CWA=If a bond has a current yield of 2% and a nominal of 3%, you know the bond is trading at a CWA=To calculate tax equivalent yield subtract the investor's tax bracket from 100% and _____ it into a municipal bond's nominal interest rate CWD=The Internal Rate of Return (IRR) is the discount rate at which the present value of the future cash flow of an investment equals the ____ of the investment CWD=Unrealized growth or appreciation is not included in ______ calculations (2 words) CWD=If a bond is trading at a premium, yield to maturity will always be ____ than current yield CWD=A lump sum investment providing a stream of payments with a _____ NPV is not an acceptable recommendation CWD=Inflation Adjusted Return is also known as ____ Return