QUESTION 8 The formula for the measure of the interest rate called the yield on a discount basis is peculiar because o it uses the percentage gain on the purchase price of the bill ( it puts the yield on the annual basis of a 365-day year O it puts the yield on the annual basis of a 360-day year O it ignores the time to maturity QUESTION9 STRIPS (Separate Trading of Registered Interest and Principal Securities) are also called O interest-based securities QUESTION 10 The risk on agency bond is O high o low o moderate