The price of a $10,000 par of a 2 year, 10% T-bond is quoted as 102 on Wall Street Journal. How much does Addison have to pay today?

		102000
		10200
		1020
		102
		10.2

Financial assets

		are of no value to anyone.
		directly contribute to the country's productive capacity.
		indirectly contribute to the country's productive capacity.
		do not contribute to the country's productive capacity, either directly or indirectly. E) contribute to the country's productive capacity, both directly and indirectly.
		contribute to the country's productive capacity, both directly and indirectly.

Addison buys a $10,000 par of a 2 year, 10% semi-annual coupon T-bond.

How much she will receive on the maturity date?

		500
		1000
		10500
		11000

Corporate shareholders are best protected from incompetent management decisions by

		management's control of pecuniary rewards.
		the ability to engage in proxy fights.
		the threat of takeover by other firms.
		one-share/one-vote election rules.
		the ability to call shareholder meetings.

Mortgage-backed securities were created when ________ began buying mortgage loans from originators and bundling them into large pools that could be traded like any other financial asset.

		Fannie Mae and Freddie Mac
		Ginnie Mae
		Freddie Mac
		Fannie Mae
		Ginnie Mae and Fannie Mae

Certificates of deposit are insured by the

		CFTC.
		FDIC.
		SPIC.
		Lloyds of London.
		All of the options are correct.