Question: 2. When the Treasury auctions Notes and Bonds, what interest rate do the highest price bids receive? A. The same as the unsuccessful bids B.
2. When the Treasury auctions Notes and Bonds, what interest rate do the highest price bids receive? A. The same as the unsuccessful bids B. The same as the noncompetitive bids C. The lowest of all rates I D. The same as the lowest price successful bids E. Both B and D 3. Which of the following is (are) true about Stripped Treasury bonds? A. Only coupon interest payments are stripped B. Only the principal payment is stripped C. The payments are converted into several zero-coupon bonds D. Both A and B E. None of the above 4. What index are the TIPS linked to A. Consumer Price Index B Producer Price Index C. GDP deflator
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