Chapter2 HW - Chapter 2 1. Which of the following is not a...

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Chapter 2 1. Which of the following is not a money market instrument? A) treasury bill B) commercial paper C) preferred stock D) banker's acceptance 2. A dollar denominated deposit at a London bank is called ______. A) eurodollars B) LIBOR C) fed funds D) banker's acceptance 3. __________ is a true statement. A) Dividends on preferred stocks are tax-deductible B) Common dividends are paid before preferred dividends C) Preferred stockholders have voting power D) Preferred dividends are usually cumulative 4. Deposits of commercial banks at the Federal Reserve are called ______. A) bankers acceptances B) federal funds C) repurchase agreements D) time deposits 5. __________ is not a characteristic of a money market instrument. A) liquidity B) marketability C) low risk D) long maturity 6. In a futures contract, the short position is taken by the person who __________. A) commits to delivering the commodity B) commits to purchasing the commodity C) plays between second base and third base D) uses his margin 1
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7. __________ is not a nickname for an organization which issues federal agency debt. A) Fannie Mae B) Freddie Mac C) Georgie Mac D) Ginnie Mae 8. Large well-known companies often issue their own short term unsecured debt notes directly to the public, rather than borrowing from banks, their notes are called __________. A) certificates of deposit B) repurchase agreements C) banker's acceptances D) commercial paper 9. __________ is a true statement regarding the Dow Jones Industrial Average. A) It is a value-weighted average of 30 large industrial stocks B) It is a price-weighted average of 30 large industrial stocks C) It is a price-weighted average of 100 large stocks traded on the New York
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Chapter2 HW - Chapter 2 1. Which of the following is not a...

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