Choose all statements that are NOT CORRECT:

a. DJIA and Nikkei 225 are market-value weighted indices.

b. A bond issued by a German Corporation in London in British Pound is a Eurobond.

c. Dim Sum bonds are bonds denominated in US dollar issued in Hong Kong.

d. An economic activity that is expected to produce a return that is less than zero is an investment.

e. The yield (return) on a repurchase agreement is a long-term interest rate.

f. The interest rate paid on US dollar deposits at banks in London is PIBOR.

g. The DJIA is a price-weighted average index based on 35 U.S. blue chip stocks.

h. Interest income from investing in municipal bonds is subject to federal income tax.

i. An investment is expected to have a return less than zero.

j. Samurai bonds are Eurobonds issued in Japan.

k. LIBOR stands for Luxembourg Interbank Offered Rate.

l. Munis are attractive to foreign investors because they are risk-free.