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Question 8 2 pts The U.S. Treasury just issued a 20-year bond at par. Is it possible for Jaqueline Wigs, Inc. to issue a 20-year
Question 8 2 pts The U.S. Treasury just issued a 20-year bond at par. Is it possible for Jaqueline Wigs, Inc. to issue a 20-year bond at par? a) Yes, if its coupon rate is high enough above that of the Treasury's Ob) Yes, if its coupon rate is low enough below that of the Treasury's O c) Of course, because its yield-to-maturity is lower than that of the Treasury O d) Of course not, dummy! Question 9 2 pts A bank is described as a "financial intermediary" because: a) it borrows money from depositors and lends the funds to businesses and others O b) it settles disputes between financial entities O c) it receives deposits from customers and keeps the cash at the Federal Reserve d) it receives fee income for committing to lines of credit O e) like other businesses, it issues equity and uses the funds to purchase equipment
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