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QUESTION 1 Munis have an active secondary market. True False QUESTION 3 Rule 144A increased the liquidity of the secondary market for registered securities. True
QUESTION 1
Munis have an active secondary market.
True
False
QUESTION 3
Rule 144A increased the liquidity of the secondary market for registered securities.
True
False
QUESTION 4
In 2008, FNMA and GNMA were placed into conservatorship.
True
False
QUESTION 5
Hybrid ARMs are suitable for borrowers who do not plan on staying in their residence for more than 5 years.
True
False
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