5/5/26, 12:54 AM Quiz 3 (covering Fixed Income): Spring 2026-IE 420-Financial Engineering-Sections GO, UO
Quiz 3 (covering Fixed Income)
Due Apr 1 at 5:30pm
Points 10
Questions 46
Time Limit None
Instructions
45 questions to test key terms and concepts from the lecture on fixed income.
Attempt History
Attempt Time Score
LATEST Attempt 1 36 minutes 10 out of 10
Score for this quiz: 10 out of 10
Submitted Apr 1 at 2:13pm
This attempt took 36 minutes.
Correct answer
Question 1
pts
In the lecture, “fixed income” is best described as:
Only loans made by central banks
Only bank accounts that never change in value
Debt instruments whose basic cash-flow terms are set by a bond contract
Company ownership shares that pay dividends forever
Correct answer
Question 2
pts
The lecture emphasized that even if a bond’s income stream is “fixed,” the total return from buying a
bond can still vary.
True
False
Correct answer
https://canvas.illinois.edu/courses/65661/quizzes/412172 1/13
, 5/5/26, 12:54 AM Quiz 3 (covering Fixed Income): Spring 2026-IE 420-Financial Engineering-Sections GO, UO
Question 3
pts
In the lecture, the word “Treasuries” was used to refer to:
Gold reserves held by the government
Any debt issued by a state government
Loans made by commercial banks
Debt issued by the U.S. federal government
Correct answer
Question 4
pts
The lecture reminded students that companies have at least two major ways to raise capital:
Treasury bills and municipal bonds
Gold mining and bond trading
Taxes and tariffs
Equity markets and debt markets
Correct answer
Question 5
pts
In the lecture, “debt markets” were described as a way to raise money by:
Selling land and buildings
Selling ownership shares in a company
Selling debt that must be repaid over time plus interest
Collecting taxes from citizens
Wrong answer
Question 6
pts
A government entity typically does NOT use:
Taxes
Asset sales
Debt markets
Equity markets
https://canvas.illinois.edu/courses/65661/quizzes/412172 2/13
Quiz 3 (covering Fixed Income)
Due Apr 1 at 5:30pm
Points 10
Questions 46
Time Limit None
Instructions
45 questions to test key terms and concepts from the lecture on fixed income.
Attempt History
Attempt Time Score
LATEST Attempt 1 36 minutes 10 out of 10
Score for this quiz: 10 out of 10
Submitted Apr 1 at 2:13pm
This attempt took 36 minutes.
Correct answer
Question 1
pts
In the lecture, “fixed income” is best described as:
Only loans made by central banks
Only bank accounts that never change in value
Debt instruments whose basic cash-flow terms are set by a bond contract
Company ownership shares that pay dividends forever
Correct answer
Question 2
pts
The lecture emphasized that even if a bond’s income stream is “fixed,” the total return from buying a
bond can still vary.
True
False
Correct answer
https://canvas.illinois.edu/courses/65661/quizzes/412172 1/13
, 5/5/26, 12:54 AM Quiz 3 (covering Fixed Income): Spring 2026-IE 420-Financial Engineering-Sections GO, UO
Question 3
pts
In the lecture, the word “Treasuries” was used to refer to:
Gold reserves held by the government
Any debt issued by a state government
Loans made by commercial banks
Debt issued by the U.S. federal government
Correct answer
Question 4
pts
The lecture reminded students that companies have at least two major ways to raise capital:
Treasury bills and municipal bonds
Gold mining and bond trading
Taxes and tariffs
Equity markets and debt markets
Correct answer
Question 5
pts
In the lecture, “debt markets” were described as a way to raise money by:
Selling land and buildings
Selling ownership shares in a company
Selling debt that must be repaid over time plus interest
Collecting taxes from citizens
Wrong answer
Question 6
pts
A government entity typically does NOT use:
Taxes
Asset sales
Debt markets
Equity markets
https://canvas.illinois.edu/courses/65661/quizzes/412172 2/13