FIN2601 Assignment 1
Semester 2 2024
, Financial market participants who borrow funds are called
a. deficit units.
b. surplus units.
c. primary units.
d. secondary units. - CORRECT ANSWERS-a. deficit units.
Surplus unit or Deficit unit: A householdterm-0 that saves money each month -
CORRECT ANSWERS-Surplus unit
If a corporation wants to borrow funds, it can issue bonds in the ______ market.
a. secondary
b. primary
c. deficit
d. surplus - CORRECT ANSWERS-b. primary
Indiana Bank purchased corporate bonds with a 10-year maturity 3 years ago. If it now
needs funds, it could sell those bonds in the ______ market.
a. secondary
b. primary
c. deficit
d. surplus - CORRECT ANSWERS-a. secondary
Which of the following is a money market security?
a. six-month treasury bill
b. municipal bond
c. mortgage
d. corporate bond - CORRECT ANSWERS-a. six-month treasury bill
Semester 2 2024
, Financial market participants who borrow funds are called
a. deficit units.
b. surplus units.
c. primary units.
d. secondary units. - CORRECT ANSWERS-a. deficit units.
Surplus unit or Deficit unit: A householdterm-0 that saves money each month -
CORRECT ANSWERS-Surplus unit
If a corporation wants to borrow funds, it can issue bonds in the ______ market.
a. secondary
b. primary
c. deficit
d. surplus - CORRECT ANSWERS-b. primary
Indiana Bank purchased corporate bonds with a 10-year maturity 3 years ago. If it now
needs funds, it could sell those bonds in the ______ market.
a. secondary
b. primary
c. deficit
d. surplus - CORRECT ANSWERS-a. secondary
Which of the following is a money market security?
a. six-month treasury bill
b. municipal bond
c. mortgage
d. corporate bond - CORRECT ANSWERS-a. six-month treasury bill
