1. Zero coupon bonds generally pay high interest because the have no coupons

Select one:

True

False

2. _______________ represent a vehicle to buy short term fixed-income securities through a mutual fund arrangements

Select one:

a. Commercial Paper

b. Money Market Funds

c. Money Market Accounts

d. Certificate of Deposit

3. Any bond that is not considered to be of investment quality by Wall Street analysts is put in the __________ category

Select one:

a. Market

b. Corporate

c. Industrial

d. Junk

4. A mortgage is an example of __________ debt

Select one:

a. Treasury

b. Pass through

c. debenture

d. secured

5. A BBB bond is considered junk

Select one:

True

False