A. municipality
B. insurance companies
C. negotiable transactions
D. global placement
Related Mcqs:
- According to best efforts offering, the investment bank in return of providing services must ________________?
A. not receive fee
B. receive fee
C. receive interest rate
D. receive market rate of return - The issues sold by investment banks and guarantees the issuer by buying new issue at fixed price is classified as _________?
A. index commitment underwriting
B. insurance underwriting
C. default risk underwriting
D. firm commitment underwriting - IN negotiated sale, the services provided by the investment banks are __________?
A. origination services
B. document collection services
C. advising services
D. both a and c - The financial institutions generally such as insurance companies and banks are prohibited to buy anything but __________?
A. split grade bonds
B. investment grade bond securities
C. portfolio grade bonds
D. sinking grade bonds - If the price of municipal bonds suddenly changes because of an unexpected interest rate change then the investment bank ____________?
A. faces a high profit
B. faces a loss
C. face a inflation
D. face an index risk - The issuance of securities in which investment bank does not guarantee back up price and act as distributor, in planning of issue is considered as ____________?
A. best efforts offering
B. least good index
C. least good premium
D. least good discount price - The price earnings ratio and price by cash flow ratio are classified as __________?
A. marginal ratios
B. equity ratios
C. return ratios
D. market value ratios - The banks, mutual funds and insurance companies are considered as ____________?
A. major suppliers
B. major investors
C. major portfolio holders
D. major rates decider - The bonds which are classified as junk bond status and have previously considered as investment grade bonds are called __________?
A. risen angel
B. fallen angel
C. fallen devil
D. risen devil - The type of sale in which the investment bank got the rights to underwrite, distribute and originate new bonds is classified as __________?
A. least effort sale
B. effortless sale
C. negotiated sale
D. negotiated sale
