32. Single stock, or single sector, risk is more generally in the category described as: A systematic risk B market risk C non-systematic risk D economic risk

33. When the term shelf registration is used, it typically refers to: A Registering securities with the SEC in anticipation of a future offering. B Registering securities with the SEC and selling part of the registered securities immediately and reserving the remaining securities for sale at a later time. C Filing a notice with the SEC of the Issuers intent to file a registration statement in the next 90 days. D An offering which began but due to lackluster public interest, was put on the shelf for a period not to exceed 30 days to see if investor interest picked up.

34. As interest rates rise, which of the below will change the least in price? A T-bills B T-notes C T-bonds D their prices react roughly the same amount