26-)

Which of the following is true of corporate bonds compared to federal government bonds?

Select one:

a. They offer protection against inflation.

b. They are short-term debt securities issued by large companies.

c. They pay higher interest rates because they have higher default risk.

d. They have long-term maturity dates at the option of the buyer.

27-)

Computer systems that match up buyers and sellers of stocks, even at night when the other exchanges are closed, are

Select one:

a. the Montreal Exchange.

b. the Toronto Stock Exchange.

c. the regional stock exchanges.

d. the over-the-counter (OTC) markets.

28-)

Given the following ABC Inc. bond information: $1000 par value, maturity 2023 Dec 22, semi-annual coupon 7.75%, price 105.50 and yield 7.4%. How much would a $1000 par value ATT Ltd. bond cost as of the day of this listing?

Select one:

a. $1000

b. $105.50

c. $740

d. $1055

30-)

A holographic will must

Select one:

a. be prepared by a lawyer.

b. be written solely in the handwriting of the testator.

c. be witnessed by a notary or lawyer.

d. be prepared by legal counsel.