Question 17 For each of the following definition select the correct term Definition Specialize in retail banking The price of the T-bond or T-note with accrued interest is called the Securities issued by state and local governments and are repaid using tax receipts or revenues generated from a project preferred stock that for any missed dividend payments go into arrears and must be made up before any common stock dividends can be paid The largest group of financial institutions in terms of total assets An agreement to transact involving the immediate exchange of assets and funds Term Forward contract Clean price Revenue bonds Noncumulative preferred stock Cumulative preferred stock Spot contract Speculation Hedging Full price Commercial banks Municipal bonds Community banks