Which of the following can only be bought and sold by banks? O a. CP b. T-bills C. None of these can be bought or sold by banks. d. Federal Funds O e. CD's QUESTION 7 Which of the following securities have to be registered with the SEC? a. Loans by companies that are not corporations. b. Publicly traded bonds. C. Commercial paper d. None of these have to be registered with the SEC. e. Stock in private corporations. QUESTION 8 Interest rates and bond prices..... a. sometimes move in the same direction and sometimes move in the opposite direction. b. move in the opposite direction. c. have no relationship to one another. d. move in the same direction The expected rate of return on a bond if held to maturity is called the a. the dividend yield b. the coupon yield c. yield to maturity (YTM) d. current yield e. the expected coupon QUESTION 10 Which type of bond requires a higher coupon rate? a. a bond with a sinking fund b. a bond with a low credit rating, or a junk bond. O call of these require higher than average coupon rates. d. a municipal bond e. a convertible bond. Which of the following can only be bought and sold by banks? O a. CP b. T-bills C. None of these can be bought or sold by banks. d. Federal Funds O e. CD's QUESTION 7 Which of the following securities have to be registered with the SEC? a. Loans by companies that are not corporations. b. Publicly traded bonds. C. Commercial paper d. None of these have to be registered with the SEC. e. Stock in private corporations. QUESTION 8 Interest rates and bond prices..... a. sometimes move in the same direction and sometimes move in the opposite direction. b. move in the opposite direction. c. have no relationship to one another. d. move in the same direction The expected rate of return on a bond if held to maturity is called the a. the dividend yield b. the coupon yield c. yield to maturity (YTM) d. current yield e. the expected coupon QUESTION 10 Which type of bond requires a higher coupon rate? a. a bond with a sinking fund b. a bond with a low credit rating, or a junk bond. O call of these require higher than average coupon rates. d. a municipal bond e. a convertible bond