QUESTION 3

Which one is not a capital market security?

		Reverse Repurchase agreement
		Corporate bond
		Tresaury note
		Treasure bond

QUESTION 4

What is wrong about pricing of treasury bill?

		Priced at a discount from their par value
		Price depends on the investors required rate of return
		Value of a T-bill is the present value of the par value
		Treasury bill investment yield calcuation use 360 days to annualize.