2 - 1INCORRECT A aTreasurybond B C aEurodollaraccount D...

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1 INCORRECT Which one of the following is  not  a money market instrument? A) a Treasury bond B) a negotiable certificate of deposit C) a Eurodollar account D) a Treasury bill E) commercial paper Feedback: Money market instruments are instruments with maturities of one year or less, which applies to all  of the above except Treasury bonds. 2 CORRECT The bid price of a T-bill in the secondary market is A) the price at which the dealer in T-bills is willing  to sell the bill. B) the price at which the dealer in T-bills is willing  to buy the bill. C) greater than the asked price of the T-bill. D) the price at which the investor can buy the T- bill. E) never quoted in the financial press. Feedback: T-bills are sold in the secondary market via dealers; the bid price quoted in the financial press is  the price at which the dealer is willing to buy the bill. 3 INCORRECT Which of the following is true of the Dow Jones Industrial Average? A) The divisor must be adjusted for stock splits. B) It is a price-weighted average of 30 large  industrial firms. C) It is a value-weighted average of 30 large  industrial firms. D)
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2 - 1INCORRECT A aTreasurybond B C aEurodollaraccount D...

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