mcq

1. In general, securities with characteristies will offer 2. Default risk is likely to be highest for 3. Some financial institutions such as commercial banks are required by law to invest only in 4. Credit ratings are most commonly used to indicate which financial institutions have available funds that they can lend to borrowers. a. True b. False 5. If a security can easily be converted to cash without a lose in value is 6. Securities that offer liquidity will need to offer a yield