1. The basis of a bond initially equals the total purchase price; for a discount bond, the basis increases at the rate of the accrued .......... discount until it reaches the principal value at maturity.

2. Security consultants can offer their expertise to a broader market, but recommendations are not entirely unproblematic, as perverse incentives may tempt certain actors to .......... the security ratings of their competitors.

3. The house selling the Catholic bonds published in its formal advertisement that 36% of the inhabitants of the German Reich were Roman Catholics, while the house offering the Protestant bonds asserted in its newspaper reproduction of the bond .......... that more than two-thirds of the German population was Protestant.

4. The Cost-of-Living .......... (COLA) is determined by the U.S. Department of Labor, which calculates the change in the Consumer Price Index (CPI) for urban wage earners and clerical workers from the third Quarter average of the previous year to the third quarter average for the current year.

5. In a .......... sales escrow for the sale of a business, a legal notice to creditors is advertised in an approved legal advertising newspaper in the judicial district where the business is located; this is to allow creditors 12 business days to file claims for payment with the escrow.

6. When loan officers have little hard information to work with, they must estimate a client's earnings and judge intangible elements such as trustworthiness to determine if s/he is a candidate for a .......... loan; these evaluations may be derived from subjective qualities such as the strength of the client's handshake or how well s/he makes eye contact.

7. A Yankee Certificate of Deposit necessarily involves a foreign bank with a branch in the United States, while .......... Certificate of Deposit involves an American bank with an off-shore branch.

8. The Real Estate Settlement Procedures Act (RESPA) will apply in any transaction in which a buyer is obtaining a federally insured mortgage from a financial institution; this reQuires use of a .......... statement developed by the Department of Housing and Urban Development.

9. The public mission and the defining goal of the .......... National Mortgage Association (FNMA) is to help more families achieve the American Dream of homeownership by providing financial products and services that make it possible for low-, moderate-, and middle-income families to buy homes of their own.

10. .......... compounding is the limit of taking shorter and shorter compounding periods: compound every hour, every minute, every second, etc, and as you continue this seQuence, the formulas get worse and worse, but you are approaching a formula simpler than any of the other compound interest formulas.