Differentiate between Treasury Bills, Treasury Bonds, Treasury Notes, and Treasury Auctions.

Differentiate between a simple loan, a discount loan, a fixed payment loan, and a coupon bond.

How does a discount bond differ from a simple loan? What is the main difference between a coupon bond and a fixed payment loan?

Define: nominal yield, current yield, and yield to maturity.

Define nominal and real interest rates. Why might the actual real interest rate differ from the expected real interest rate? Would this possible difference be of more concern to you if you were considering making a loan to be paid back in one year or a loan to be paid back in 10 years?

Consider Irving Fisher. (Literally.) Explain the Fisher Hypothesis. Under what circumstances would the lender benefit in terms of purchasing power when interest rates and inflation rates differ?

What is the Prime Rate and the London Interbank Offer Rate.