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提问人:网友yanweiwei55 发布时间:2022-01-07
[主观题]

When the corporation issuing the bonds has the right to repurchase the bonds prior to

the maturity date for a specific price, the bonds are

A. convertible bonds

B. unsecured bonds

C. debenture bonds

D. callable bonds

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第6题
Activity in money markets increased significantly in the late 1970s and early 1980s because of _________

A、rising short-term interest rates.

B、regulations that limited what banks could pay for deposits.

C、both (a) and (b).

D、neither (a) nor (b).

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第7题
The banking industry _________

A、should have an efficiency advantage in gathering information that would eliminate the need for the money markets.

B、exists primarily to mediate the asymmetric information problem between saver-lenders and borrower-spenders.

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D、all of the above are true.

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第8题
Money market instruments _________

A、are usually sold in large denominations.

B、have low default risk.

C、mature in one year or less.

D、are characterized by all of the above.

E、are characterized by only (a) and (b) of the above.

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第9题
Money market securities have all the following characteristics except they are not _________

A、short term.

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C、low risk.

D、very liquid.

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第10题
Brokerage firms that offered money market security accounts in the 1970s had a cost advantage over banks in attracting funds because the brokerage firms _________

A、were not subject to deposit reserve requirements.

B、were not subject to the deposit interest rate ceilings.

C、were not limited in how much they could borrow from depositors.

D、had the advantage of all the above.

E、had the advantage of only (a) and (b) of the above.

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