更多"[单选题] (I. Because interest rates on"的相关试题:
[单选题] Treasury bills do not
A. pay interest.
B. have a maturity date.
C. have a face amount.
D. have an active secondary market.
[简答题] The market for U.S. Treasury bills is a shallow market because so few individual investors buy T-bills.
[单选题]For the period 2009–2016, U.S. Treasury bills had an annual rate of return that was:
A. between .5 and 1 percent.
B. between 1 and 2 percent.
C. negative in at least one year.
D. negative for two or more years.
E. between 0 and .25 percent.
Difficulty: 1 Easy
Topic: Historical performance
Learning Objective: 12-02 Discuss the historical returns on various important types of investments.
[单选题]For the period 1926–2016, U.S. Treasury bills always:
A. provided an annual rate of return that exceeded the annual inflation rate.
B. had an annual rate of return in excess of 1.2 percent.
C. provided a positive annual rate of return.
D. earned a higher annual rate of return than long-term government bonds.
E. had a greater variation in returns year-over-year than did long-term government bonds.
Difficulty: 1 Easy
Topic: Historical performance
Learning Objective: 12-02 Discuss the historical returns on various important types of investments.
[单选题] Typically, increasing interest rates
A. discourages individuals from saving.
B. discourages corporate investments.
C. encourages corporate expansion.
D. encourages corporate borrowing.
E. none of the above.
[简答题] Mortgage interest rates loosely track interest rates on three-month Treasury bills.
[单选题] Interest rates are important to financial institutions since an interest rate increase ________ the cost of acquiring funds and ________ the income from assets.
A. decreases; decreases
B. increases; increases
C. decreases; increases
D. increases; decreases
[简答题] Monetary policy affects interest rates but has little effect on inflation or business cycles.
[简答题] Interest rates can be accurately described as the rental price of money.
[简答题] Different interest rates have a tendency to move in unison.
[简答题] Interest rates are determined in the bond markets.
[简答题] Interest rates on banker's acceptances are low because the risk of default is very low.
[单选题] To sell an old bond when interest rates have ________, the holder will have to ________ the price of the bond until the yield to the buyer is the same as the market rate.
A. risen; lower
B. risen; raise
C. fallen; lower
D. risen; inflate
[单选题]You expect interest rates to decline in the near future even though the bond market is not indicating any sign of this change. Which one of the following bonds should you purchase now to maximize your gains if the rate decline does occur?
A. Short-term; low coupon
B. Short-term; high coupon
C. Long-term; zero coupon
D. Long-term; low coupon
E. Long-term; high coupon
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题] (I. To sell an old bond when interest rates have risen, the holder will have to discount the bond until the yield to the buyer is the same as the market rate. (II. The risk that the value of a bond will fall when market interest rates rise is called interest-rate risk.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
[单选题] Compared to interest rates on long-term U.S. government bonds, interest rates on three-month Treasury bills fluctuate ________ and are ________ on average.
A. more; lower
B. less; lower
C. more; higher
D. less; higher
[简答题] Money market securities include Treasury bills, commercial paper, federal funds, repurchase agreements, negotiable certificates of deposit, banker's acceptances, and Eurodollars.
[简答题] The Treasury accepts noncompetitive bids in ascending order of yield until the accepted bids reach the offering amount.