Question 1 1 pts The primary piece of information used by security dealers in setting their quoted market prices is the balance or imbalance in the observed order flow. True False Question 2 1 pts The quoted (aka "flat", or "clean") price on a US Treasury bond is always less than the cash (aka "full".or "dirty transaction price. True False Question 3 1 pts The debt obligations of government sponsored enterprises (GSE) such as the Student Loan Marketing Association ("Sallie Mae") are not statutorily backed by the full faith and credit of the United States government; as a result, GSEs have default risk. True False