Exam 4: Financial Markets, Instruments, and Market Makers

Commercial paper is traded in the

U.S. government securities

__________ are short-term debt instruments of the U.S. Government with typical maturities of three to twelve months.

Corporate bonds are traded in the

Which of the following consists only of debt instruments?

Which of the following is not a characteristic of corporate bonds?

__________ are long-term debt instruments of the U.S. government with original maturities from two to thirty years.

The lack of a smoothly functioning secondary market will ______ the financing of planned deficits in the primary market and thus have _______ affect on investment and economic growth over time.

The financial markets perform the important role of channeling funds from _____ to _______.

Financial futures and forward markets are also known as

The __________ is the price at which a market maker is willing to sell securities

Short-term agreements, where the seller sells a government security to a buyer with the simultaneous agreement to buy it back on a later date at a higher price, are called

The secondary market does not

Common stock pays a ______ dividend.

Which of the following can change interest rates and the prices of stocks and bonds?

The information most analysts and traders consider important is

Which of the following are characteristics of Certificates of Deposit (CDs)?

The term Eurodollar refers to

Stocks are traded in the

Which market is often referred to as the long-term market?