Question: The principal issuer of the commercial papers are commercial banks and the major investors of principal investors includes ____________?

• 1. brokers and dealers
• 2. corporations
• 3. other financial institutions
• 4. all of the above

Question: The government issues treasury bills at the discounted rate from ____________?

• 1. face value
• 2. book value
• 3. premium value
• 4. federal value

Question: The transactions in market of treasury bills is mostly transacted over telephone and hence classified as ____________?

• 1. decentralized
• 2. centralized
• 3. federalize
• 4. commercialize

Question: If the 175 days T-bill have the maturity of one year with the value of $8000 and face value is $10000 then reported discount yield is _____________?

• 1. 0.525
• 2. 0.4114
• 3. 0.4214
• 4. 0.4514

Question: The overnight loans transaction are part of trading of _____________?

• 1. extensive funds
• 2. federal funds
• 3. intensive funds
• 4. premium funds

Question: The forgone amount for holding the balances of cash at the time they are received is classified as ____________?

• 1. forgone cost
• 2. debt cost
• 3. opportunity cost
• 4. balances cost

Question: The most flexible and liquid source of funding for savings banks is ___________?

• 1. annual loan market
• 2. federal funds market
• 3. functional funding market
• 4. secured funding market

Question: As compared to US certificate of deposit, the interest rate paid on the Eurodollar certificate of deposits is ____________?

• 1. higher than other one
• 2. lower than other one
• 3. contraction than other one
• 4. expansionary than other one

Question: The repurchase price is subtracted from selling price, divided by selling price and multiplied to 360 by number of days, Up to maturity to calculate _____________?

• 1. repurchase agreement yields
• 2. purchase agreement yields
• 3. repurchase yields
• 4. transaction yields

Question: The primary mortgages involve ____________?

• 1. three institutions
• 2. single investor
• 3. multiple investor
• 4. multiple institutions