Which of the following is true of GNMAS! 1. They are considered safer than FHLMCS. II. They are backed by the U.S. government. III. They pay interest semi-annually. IV. The interest received by investors is state tax-free. I and II O I and IV I, II, III, and IV II, III, and IV QUESTION 38 Which of the following IS NOT a bearish strategy? Selling short Buying inverse ETFs Selling naked put options Buying put options QUESTION 39 Settlement for stocks and corporate bonds T-2