1. Which of the following plans is administered primarily by the trust departments of commercial banks or by life insurance companies?

   	a.	Initial expansion plans
   	b.	Underwriting plans
   	c.	Shelf plans
   	d.	Pension plans
   	e.	Health insurance plans

2. A bond that pays interest only when a firm has sufficient earnings to cover the interest payments is called a(n) _____.

   	a.	indexed bond
   	b.	income bond
   	c.	putable bond
   	d.	callable bond
   	e.	convertible bond

3. Revenue bonds are used to raise funds _____.

   	a.	to repay the interest and principal on loans borrowed from the local government
   	b.	to pay interest on T-bills issued by the state government
   	c.	for projects that generate revenues that will contribute to payment of interest and the repayment of debt
   	d.	to repay loans borrowed from the federal government
   	e.	for projects that require additional funding by increasing tax rates