Bond Market
When bond prices fall, interest rates...
Soar
What was the most famed British bond called?
The consol
The Rothschild family followed what religion?
Judaism
The bond market contains a large amount of money people put aside for...
Retirement
How many $2,000 bonds would a company need to issue to raise $10 million?
5,000 bonds
What were bonds first used for?
Raise money for war
During the US Civil War Confederate bonds thrived at first because of what?
Cotton
The Rothschilds put their financial weight behind Britain to help them win what wars?
The Napoleonic Wars
A(n) ____ is an informal document that acknowledges a debt owed.
IOU
If you purchase a $1000 bond and receive a total interest of $700 over 7 years, what % interest are you receiving annually?
10%
What country did bonds originate in?
Italy
What caused the decline of Argentina's bond market?
Inflation
German Poet Heinrich Heine wrote that Rothschild is the prophet and _______ is the god
Money.
Bill Gross believes there is always an element of gambling when an investor buys a bond, this idea probably stems from his former career as a what?
Blackjack player
If you buy a $1000 bond with a 10% annual coupon, then what is the total amount you are paid back after 5 years?
$1,500
Interest is paid on what value of a bond?
Face Value
What did the French use to fund war while under Emperor Napoleon Bonaparte?
Taxation of who they conquered
The British Government needed Nathan Rothschild because of his experience smuggling what?
Gold
Printing excess money to cover the debt of the bond market results in what?
Inflation
How many years would it take for an $8,000 bond to raise $3,200 interest off of a 20% annual coupon?
2 years
What does the bond market affect for the economy as a whole?
Interest rates
The Germans liked to believe that their hyperinflation was caused by what?
Treaty of Versailles
How many homes did the Rothschild family have all across Europe?
41
What is the total value of internationally traded bonds?
$18 trillion
If you buy a $10,000 bond with a 15% annual coupon, then what is the amount of interest you are paid back after 4 years?
$6,000