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1.
Banker's acceptances and revenue bonds are the two types of municipal bonds.
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False. General obligation bonds and revenue bonds are the two types.
2.
You can buy series EE savings bonds only through TreasuryDirect.
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True. TreasuryDirect is now the only way to buy them.
3.
Agencies of the US government sell their own bonds.
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True. To finance their activities, they sell bonds to the public.
4.
When a bond is called back by the company, it is done so at the _______.
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Call price. This is the price at which it the holder must redeem the bond.
5.
Certificates of deposit are popular savings investments for people _______.
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Who do not want to take a lot of risk with their money. Certificates of deposit are low-risk investments and do not get high earnings.
6.
A _______ is a federal government security sold in auctions and at a discount.
Choose wisely. There is only one correct answer.
Treasury bill. This is the only money market investment sold this way.