Investment _ Mid-term test

Which of the following is not a money market instrument?

• Treasury bill

• Commercial paper

• Preferred stock

• Banker's acceptance

Thirteen week T-bill auctions are conducted.

• daily

• weekly

• monthly

• quarterly

When computing the bank discount yield you would use days in the year.

• 260

• 360

• 365

• 366

A dollar denominated deposit at a London bank is called.

• eurodollars

• LIBOR

• fed funds

• banker's acceptance

Money market securities are sometimes referred to as 'cash equivalent' because.

• they are safe and marketable

• they are not liquid

• they are high risk

• they are low denomination

The most actively traded money market security is

• Treasury bills

• Bankers' Acceptances

• Certificates of Deposit

• Common stock

_______ voting of common stock gives minority shareholders the most representation on the board of directors.

• Majority

• Cumulative

• Rights

• Proxy

An investor in a T-bill earns interest by.

• receiving interest payments every 90 days

• receiving dividend payments every 30 days

• converting the T-bill at maturity into a higher valued T-note

• buying the bill at a discount from the face value received at maturity

would not be included in the EAFE index.

• Australia

• Canada

• France

• Japan

is considered to be an emerging market country.

• France

• Norway

• Brazil

• Canada