1. Which of the following are capital market transactions?

Check all that apply:

-buying IBM stocks

-selling T-notes

-buying T-bonds

-buying T-bills

-selling Bank of America preferred stocks

2. When will a callable bond be called?

-When callable bond price is higher than par after call protection period.

-When callable bond price is lower than par after call protection period.

-When callable bond price is lower than call price after call protection period.

-When callable bond price is higher than call price after call protection period.