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1.
Banker's acceptances and revenue bonds are the two types of municipal bonds.
False. General obligation bonds and revenue bonds are the two types.
2.
You can buy a savings bond for as little as _______.
$25. This is the minimum amount; it increases by the penny.
3.
Which of the following contains more than one security?
Money market mutual fund. A mutual fund buys numerous securities.
4.
Certificates of deposit are popular savings investments for people _______.
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.
5.
When a bondholder may redeem a bond before it matures, the privilege must be set down in a ________.
Put provision. To "put" a bond is to redeem it via the bondholder. This privilege must be set down in writing before the bond is sold to the buyer.
6.
________ 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.