A Market Order differs from a limit order in that it specifies a certain price to buy or sell a security but it may never be exercised, O a. True O b. False The Federal Reserve is responsible for buying & selling US securities through the Open-Market-Committee. Sf O a Fale Ob. True 22 The "Duration of a zero coupon bond is equal to its term- to maturity, 1 out of a. True ob. Fake o ly More Secondary markets are stock exchanges & they are all "Organized Exchanges". a. True O b. b. False The "Business sector's" demand for loonable funds is considered inelastic O a False Ob True Corporate bond Indentures include managerial restrictive covenants such as not being able to declare dividends without prior approval by trustees OG True O. False o More