21. Which among the adhering to is a true statement regarding the Dow Jones industrial Average?

that is a value-weighted mean of 30 big industrial stocks.

You are watching: Which of the following is a true statement about the dow jones industrial average?

that is a price-weighted average of 30 huge industrial stocks.

it is a price-weighted average of 100 big stocks traded ~ above the new York share Exchange.

it is a value-weighted average of every stocks traded ~ above the new York share Exchange.

22. Treasury bills room financial tools issued through __________ to raise funds.

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the federal government

huge corporations

state and also city governments

23. Which of the following are true statements around T-bills?

 

I. T-bills generally sell in denominations of $10,000.

II. Income earned top top T-bills is exempt from all federal taxes.

income earned ~ above T-bills is freed from state and also local taxes.

ns only

I and also II only

I and also III only

I, II, and III

24. A shortcut that has no collateral is referred to as a _________.

callable bond

debenture

junk bond

mortgage

25. A __________ offers its holder the appropriate to market an asset because that a mentioned exercise price ~ above or before a mentioned expiration date.

speak to option

futures contract

put option

interest rate swap

                 A T-bill quote sheet has 90-day T-bill price quotes with a 4.92 bid and also a 4.86 ask. If the bill has a $10,000 confront value, an investor can buy this invoice for

 

_____.

$10,000

$9,878.50

$9,877

D. $9,880.16

27. Which one of the complying with is a true statement regarding corporate bonds?

A corporate callable bond provides its holder the right to exchange it because that a specified variety of the company's typical shares.

A corporate debenture is a secured bond.

A this firm convertible bond provides its holder the right to exchange it for a specified variety of the company's usual shares.

Holders of this firm bonds have voting legal rights in the company.

28. The yield on tax-exempt bonds is ______.

See more: Communication Of Economic Events Is The Part Of The Accounting Process That Involves

usually less than 50% of the productivity on taxable bonds

normally about 90% of the yield on taxable bonds

greater than the productivity on taxable bonds

much less than the productivity on taxable bonds

29. __________ is a money industry instrument.

A certificate of deposit

A Treasury bill

A Treasury bond

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                 An investor buys a T-bill at a bank discount quote the 4.80 with 150 days come maturity. The investor's bond indistinguishable yield top top this investment is