Question
Which of the following is NOT a kind of anticipation note? Group of answer choices [A] Interest-anticipation notes (IANs) [B] Tax-anticipation notes (TANs) [C] Revenue-anticipation
Which of the following is NOT a kind of anticipation note?
Group of answer choices
[A] Interest-anticipation notes (IANs)
[B] Tax-anticipation notes (TANs)
[C] Revenue-anticipation notes (RANs)
[D] Bond-anticipation notes (BANs)
[E] municipal tax-exempt commercial paper
Municipal bonds are issued by:
Group of answer choices
[A] State governments
[B] County governments
[C] Federal/Sovereign governments
[D] All of the above
[E] A and B only
If a 182-day bill sold at auction at 98.053019, what is the discount rate?
Group of answer choices
[A] 1.95%
[B] 4.73%
[C] 3.85%
[D] 2.86%
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