The foreign exchange market is organized as______.
A.a physical market
B.a capital market
C.a speculative market
D.over-the-counter market
Which of the following is a debt instrument found in the capital market?______.
A.U.S. Treasury bill
B.Commercial paper
C.Residential mortgage
D.Demand deposit
Which of the following instruments is traded in a capital market?______.
A.Bankers acceptance
B.S. Treasury Bill
C.Eurodollar
D.Commercial paper
E.None of the above
The present market (capital) value of a one-year bond with a yearly coupon payment of US$30 and face value of US$400 is______.
A.US$12
B.US$400
C.approximately US$388
D.indeterminable from the information given
Which of the following would you classify as capital market instruments?______.
A.Fixed-rate securities convertible into shares in a bank
B.Bank loans
C.Bank deposits
D.None of the above