A. term instrument
B. interim instrument
C. primary instrument
D. bearer instrument
Related Mcqs:
- The principal issuer of the commercial papers are commercial banks and the major investors of principal investors includes ____________?
A. brokers and dealers
B. corporations
C. other financial institutions
D. all of the above - The instrument used by Federal Reserve to smooth the money supply and interest rates include ____________?
A. treasury notes
B. repurchase agreements
C. commercial payable notes
D. commercial receivable notes - The principal investors of US treasury bills which are issued by US treasury do not include _____________?
A. mutual funds
B. extensive funds
C. corporations
D. brokers and dealers - The type of negotiable certificate of deposits is usually classified as ___________?
A. primary instrument
B. bearer instrument
C. term instrument
D. interim instrument - The financial instrument which is used to raise funds for working capital is considered as ____________?
A. commercial paper
B. commercial notes
C. notes payable
D. notes receivable - The financial instrument such as commercial paper can be sold ____________?
A. issued by commercial banks
B. directly
C. with brokers or dealers
D. functional buyers - The deposit issued by bank are usually negotiable and have specific maturity date and interest rate, hence it is classified as _____________?
A. indirect certificate
B. direct certificate
C. negotiable certificate
D. deposit certificate - The interest rate at which the federal funds are borrowed and can be lent is classified as ____________?
A. borrowing rate
B. supplying rate
C. lending rate
D. federal funds rate - The forgone amount for holding the balances of cash at the time they are received is classified as ____________?
A. forgone cost
B. debt cost
C. opportunity cost
D. balances cost - The commercial paper issued with low interest rate thus the commercial paper are categorized as ___________?
A. payables rating
B. commercial rating
C. poor credit rating
D. better credit rating
