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1.
Which of the following does not sell municipal bonds?
Choose wisely. There is only one correct answer.
The federal government. Municipalities are state, county, or city levels of government.
2.
________ securities cannot be traded through exchanges or over the counter.
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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.
3.
A _______ is a federal government security sold in auctions and at a discount.
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Treasury bill. This is the only money market investment sold this way.
4.
You can buy series EE savings bonds only through TreasuryDirect.
Choose wisely. There is only one correct answer.
True. TreasuryDirect is now the only way to buy them.
5.
When you open a certificate of deposit, how long are you expected to leave your money there?
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For a specific term. CDs are meant to hold money for a specific term, such as a month, six months, a year, etc. You are expected to leave your money deposited during that time.
6.
Zero coupon bonds do not pay periodic interest to their owners.
Choose wisely. There is only one correct answer.
True. They lack "coupons," or periodic interest payments.