Which of the following is not traded in the secondary markets?

Question 6 options:

	a)	U.S. Treasury bills
	b)	U.S. Treasury bonds
	c)	series EE bonds
	d)	municipal bonds

Question 7 (2.5 points)

Municipal bonds

Question 7 options:

	a)	pay more interest than corporate debt
	b)	are exempt from federal income taxation
	c)	are exempt from federal estate taxation
	d)	reduce interest rate risk

Question 8 (2.5 points)

Interest earned on series EE bonds is exempt from federal income taxation.

Question 8 options:

	a)	True
	b)	False

Question 9 (2.5 points)

Which of the following types of securities is not issued by the federal government?

Question 9 options:

	a)	money market securities
	b)	long-term bonds
	c)	stock
	d)	zero coupon bonds

Question 10 (2.5 points)

If interest rates decline, the expected life of a Ginnie Mae bond is reduced.

Question 10 options:

	a)	True
	b)	False

Which of the following is not traded in the secondary markets? Question 6 options