Municipal Bonds Quiz PDF: Questions and Answers - 67

MCQ 331: The treasury securities are exempted from

1. federal taxes
2. local and state taxes
3. federal discounts
4. deferral premium

MCQ 332: The ability of an asset to be converted in to cash very quickly is classified as

1. variable securities
2. convertible securities
3. liquidity
4. constant securities

MCQ 333: The Federal Reserve decreases the money supply by

1. selling Swiss bills
2. buying Swiss bills
3. selling treasury bills
4. buying treasury bills

MCQ 334: The bonds that are usually unsecured and are only backed by worthiness of issuing firm are classified as

1. untimed indentures
2. untimed debentures
3. indentures
4. debentures

MCQ 335: The votes for each stock holder were multiplied to number of elected directors, to calculate

1. number of cumulative class
2. number of votes assigned
3. number of elective candidates
4. number of common stock shares