Help
Course Catalog > Bonds > 100
Bonds 103: Buying Bonds

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
The highest credit rating a bond can receive is _______.
Choose wisely. There is only one correct answer.
AAA. AAA is the highest credit mark a bond can receive.
2.
The face value of a bond is known as its _______.
Choose wisely. There is only one correct answer.
Par. In bond language, par means face value.
3.
The more bonds you buy in one sale, the less you will pay in markup costs.
Choose wisely. There is only one correct answer.
True. Markups are generally lower for large sales than for small ones.
4.
New US Treasury bonds are offered only four times a year.
Choose wisely. There is only one correct answer.
True. You can only buy bonds directly from the Federal Reserve during the first half of February, May, August, and November.
5.
Bonds in a unit investment trust remain fixed for the life of the trust.
Choose wisely. There is only one correct answer.
True. The bonds in the trust remain fixed.