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QUESTION 1 If you hold a bond, you could have taxable income from this bond even

ID: 2795005 • Letter: Q

Question

QUESTION 1

If you hold a bond, you could have taxable income from this bond even though you received no cash flows from the bond.

True

False

QUESTION 2

Munis have an active secondary market.

True

False

QUESTION 3

Rule 144A increased the liquidity of the secondary market for registered securities.

True

False

QUESTION 4

In 2008, FNMA and GNMA were placed into conservatorship.

True

False

  

QUESTION 5

Hybrid ARMs are suitable for borrowers who do not plan on staying in their residence for more than 5 years.

True

False

Explanation / Answer

Question 1). Answer :- True.

Question 2). Answer :- False.

Question 3). Answer :- False.

Question 4). Answer :- True.

Question 5). Answer :- False.

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