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22- Which of the following statements is most correct? a. A venants in mortgage bond is one that allows the same assets to be used
22- Which of the following statements is most correct? a. A venants in mortgage bond is one that allows the same assets to be used as security in future bond issues. b. Covenants in a trust indenture restrict or limit the actions the firm c c. Retractable bonds can be redeemed prior to maturity by the firm. d. All of the above are correct. 23-Wh a. Setting reserve requirements b. Altering the discount rate, c. Through federal open market operations d. Setting bank profitability ratios ich of the following is not a method by which the Federal Reserve establishes monetary policy? e. None of the above banks were for many years prohibited from full-fledged investment banking by the: a. Glass-Steagall Act b. Garn-St. Germain Depository Institutions Act c. Securities Act of 1933 d. National Association of Securities Dealers 25- A bond that is an unsecured obligation of the issuer-in other words, there are no specific assets pledged as collateral in case the issuer cannot repay the bondholders, is called a. An equipment trust certificate b. An indenture. c. A first mortgage bond. d. A debenture. ihle for hanks to receive federal charters and provided a basis for national
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