1.Which of the following statements about treasury securities is TRUE? Group of answer choices

They are highly liquid.

Interest income generated from treasuries is exempt from federal taxes.

Treasury securities are typically issued through multi-price auctions.

2.Which of the following statements is FALSE?

Group of answer choices

Revenue Bonds are supported by the taxing power of the issuing state

Medium-term notes can be issued continuously.

Municipal securities are exempt from SEC registration

The secondary market of commercial papers is limited.

None is correct.

3.

Which of the following state is TRUE?

Group of answer choices

There is a limited secondary market for Rule 144A securities.

None is true.

There is an active secondary market for private placement securities.

Corporate securities always offer a lower credit premium than treasury securities.