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1.
________ securities cannot be traded through exchanges or over the counter.
Non-marketable. They are called non-marketable because they cannot be sold to other investors after they have been issued. They must be redeemed back to the government.
2.
Banker's acceptances and revenue bonds are the two types of municipal bonds.
False. General obligation bonds and revenue bonds are the two types.
3.
You can buy a savings bond for as little as _______.
$25. This is the minimum amount; it increases by the penny.
4.
Generally, the longer the maturity on a CD, the higher the interest rate.
True. High interest rates are a way of rewarding investors for leaving their money invested for long periods.
5.
When a bond is called back by the company, it is done so at the _______.
Call price. This is the price at which it the holder must redeem the bond.
6.
What is sold on the money market?
Short-term debt securities. Money market investments are short-term. That is their distinguishing feature.