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.
What is used for collateral for collateralized mortgage obligations?
Choose wisely. There is only one correct answer.
Pools of mortgages. These pools back CMOs in the event of default.
2.
Treasury note maturities can last as long as ________ years.
Choose wisely. There is only one correct answer.
Ten. Ten years is the maximum maturity.
3.
________ are redeemed by the US government rather than sold on exchanges.
Choose wisely. There is only one correct answer.
Non-marketable US bonds. They are called "non-marketable" because they cannot be sold on markets, and exchanges are markets.
4.
Government bonds can mature in as many as _______ years.
Choose wisely. There is only one correct answer.
Fifty. Government bonds can actually last fifty years.
5.
Treasury bonds are sometimes sold through auctions.
Choose wisely. There is only one correct answer.
True. When this happens, their interest rates may change from the original amounts.
6.
What is the range of maturities of agency bonds?
Choose wisely. There is only one correct answer.
One to fifty years. Agency bonds have a very wide range.