annually. Since all of the choices have the same maturity, this is not a factor. C When interest rates rise, mortgage backed pass through certificates fall in price - at a faster rate than for a regular bond. (This is not a leap year.) c. Thus, as mortgages are prepaid, payments are applied to earlier tranches first. II and IIID. Series EE BondsD. Thus, the PAC class is given a more certain maturity date; while the Companion class has a higher level of prepayment risk if interest rates fall; and a higher level of so-called "extension risk" - the risk that the maturity may be longer than expected, if interest rates rise. A. Treasury Bills B. U.S. Government Agency Securities have an implicit backing by the U.S. GovernmentC. purchasing power risk. a Supreme Court ruling The best answer is B. b. I, III, IV. interest income is accreted and taxed annuallyC. A CMO divides the cash flows from underlying mortgage backed pass-through certificates into "tranches" ("slices" in French). b. they are divided between a central government and regional, or subdivisional, governments. I and IIC. e. They differ from interest groups in that they seek to nominate and elect officials to public office. Samuel Alito. c. Changes from one era to another are often marked by a critical election. Specific minimum limits for underlying coverage are required U.S. Government Agency Securities trade flat, D. U.S. Government Agency Securities' accrued interest is computed on a 30 day month / 360 day year basis. a. more than the rate on an equivalent maturity Treasury BondD. D Obligations issued at par make periodic interest payments. The best answer is C. A CMO divides the cash flows from underlying mortgage backed pass-through certificates into "tranches." II and IV. II and IIID. Acompanhe-nos: bonsall oaks development Facebook. B. Non-renewable energy can be replenished in a relatively short amount of time. Provides basic property coverage to those who have been rejected in the standard market. the Supreme Court ruled the national government could only use its express powers. I and IVC. A(n) __________ is a federal program that states are required to implement, but given no additional funds for. guarantee of the financial institution from which the mortgages were purchased, D. the setting of a fixed interest rate for the pool of mortgages backing the security. d. If market interest rates drop substantially, homeowners will refinance their mortgages and pay off their old loans earlier than expected. $.625 per $1,000D. I and IVC. A customer who wishes to buy will pay the "Ask" of 5.90. C. Non-government organizations identify with a specific government. Americans resist efforts of the parties to become more centralized. What will be the compound interest on an amount of rupees 5000 for a period of 2 years at 8% per annum? There is usually a cap on how high the rate can go and a floor on how low the rate can drop. Write Your Own b. Real Estate Investment TrustsB. A Z-tranch is a "zero" tranche that receives no payments, either interest or principal, until all other tranches before it are paid off. Polyethylene Film / PE Sheet B. Non-government organizations are companies that are not for profit. The agreements may not increase the power of the contracting states relative to other states or to the federal government. Furthermore, as interest rates drop, the value of the fixed income stream received from those mortgages increases (since these older mortgages are providing a higher than market rate of return), so the market value of the security will increase. each tranche has a different yieldC. Coverage is on a named peril basis--Coverage under a DIC policy is open peril with exclusions, not named peril. II and IV. This occurs because when market interest rates rise, the rate of prepayments falls (extension risk) and the maturity lengthens. The risk of default is minimal since the underlying securities are agency mortgage backed pass-through certificates that are AAA rated. If interest rates rise, then the expected maturity will lengthen, due to a lower prepayment rate than expected. CMBs are Cash Management Bills. Which government system is the most popular, both historically and today? mortgage real estate investment trust. cooperative federalism. C The American public strongly supports a two-party system, The third party mentioned in the text that had a significant impact on the 2010 midterm elections is the. a. the process of getting a person elected to public office. The Treasury market is the deepest, most active trading market in the world; and U.S. Government securities are considered to be free of credit risk. publically denouncing the more extreme wing of their own party. = 45/20 16/9 = Weegy: Whenever an individual stops drinking, the BAL will decrease slowly. Call and put options are the most basic derivative - option values are derived from the price movements of the underlying stock, in addition to time premiums on the contracts. The current state of American political parties can be described as, being in a period of both realignment and dealignment, Party organizations engage in recruiting candidates, for races they think they can win but that are not attractive to ambitious politicians, Party officials complain about the open primary because, members of the other party can contaminate the nomination process, One impact of televising the national conventions is that, political parties choreograph events during prime time, Media coverage of the general election process has. D. payment of interest and principal on the underlying security is guaranteed by the U.S. Government. All states in that region must approve of the agreement. Specific minimum limits for underlying coverage are required Experts are tested by Chegg as specialists in their subject area. Question 6 2 All of the following statements are true of the government regulation of sole proprietorships EXCEPT O many government regulations apply only to businesses that have a certain number of employees. C. the interest on a policy loan is usually paid annually. The best answer is B. The annual accretion is taxable, since the underlying securities are U.S. A Some flood policies are written in the voluntary property market as a result of a program called ___________. stability in the issues that are important and in the divisions in the public between the parties. If interest rates rise, then the average maturity will lengthen, due to a lower prepayment rate than expected. Traded with accrued interest computed on an actual day month / actual day year basis, Traded with accrued interest computed on a 30 day month / 360 day year basis. All of the following are true of an Umbrella Liability Policy, except: Property in the care and custody of the insured is covered-Umbrella policies also contain a property in the Care, Custody and Control exclusion. Macaulay duration. any business dealing requiring an operating license. Coreless Stretch Film; Pre-Stretch Film; Hand Roll; Machine Roll; Jumbo Roll; Industrial Plastic Division. Henry Clay. B. Hull All of the following are responsibilities of members of the community EXCEPT: A(n) __________ is money given to an individual or an organization for a specific purpose. These are issued at a discount to face and each interest payment made brings the "notional principal" of the bond closer to par. b. All of the following are TRUE about the financing of state legislator campaigns EXCEPT: 2) Surrounding this tranche are 1 or 2 Companion tranches. Which statements are TRUE regarding Treasury Inflation Protection securities?I In periods of deflation, the amount of each interest payment will declineII In periods of deflation, the amount of each interest payment is unchangedIII In periods of deflation, the principal amount received at maturity will decline below parIV In periods of deflation, the principal amount received at maturity is unchanged at par A. I and IIIB. $5,062.50D. Since interest is paid semi-annually, each payment will be for $87.50. According to "Tip" O'Neil, "All politics is __________.". These include Treasury Notes, Treasury Bonds, Corporate Bonds, and Municipal Bonds. Which of the following is NOT a sound argument for a federalist system of government? (7-8, 6-15, 8-1), Get answer to your question and much more, Trades of all of the following securities settle in Fed Funds EXCEPT:A.U.S. A model of federalism in which the states and the national government work together to solve problems is called compromise federalism. A Thus, the certificate was priced as a 12 year maturity. that they quadrupled in dollar amount in the 1960s. Thus, the earlier tranches are retired first. The "difference" between the two is the current market expectation for the inflation rate (1.25% in this example). c. 52 weeks. All are true of federal grants EXCEPT The Weegy: A modal verb (also modal, modal auxiliary verb, modal auxiliary) is a type of auxiliary verb that is used to All of the following are true statements about discussion-based exercises except: A component of developing and executing an exercise program is: When is the draft Improvement Plan (IP) created? a distinct evolutionary group. A deductible only applies to loss of contents--A separate deductible applies to contents and building losses. Which of the following are TRUE statements regarding Treasury Bills?I T-Bills are issued at a discount and mature at parII T-Bills are issued at par and mature at a premiumIII T-Bills are callableIV T-Bills are non-callable A. I and IIIB. A $1,000 par Treasury Note is quoted at 100-1 - 100-9. I and IVC. Securities issued by the U.S. Government represent the largest securities market in the world. All of the following are true of a Difference in Conditions Policy, except: Which of the following statements is NOT true about the American party system? Thus. The national government is responsible for declaring war. CMOs have a serial structure since they are divided into 15 - 30 maturities known as tranches; CMOs are rated AAA; and CMOs are more accessible to individual investors since they have $1,000 minimum denominations as compared to $25,000 for pass-through certificates. the voters became less important in the nomination process. An Outboard Policy. Question: Question 3 (1 point) All of the following statements, except one, are normative statements. A TAC bond is designed to pay a "target" amount of principal each month. State governments help the national government in times of crisis. It includes the perils of fire and extended coverage For example, a 30 year Treasury Bond might have a coupon rate of 4%; but a 30 year TIPS has a coupon rate of 2.75%. -is what's meant by the phrase "The domesticated generations fell Weegy: A suffix is added to the end of a word to alter its meaning. Conversely, CMO tranch holders are subject to extension risk - the risk that the expected life of the tranch becomes much longer due to a rise in interest rates causing homeowners to keep their existing mortgages longer than expected. CMO tranches are generally AAA rated (or have an implied AAA rating because the tranches are backed by GNMA, FNMA or Freddie Mac pass-through certificates). can only be decided by the states. FAIR means Fair Access to Insurance Requirements When market interest rates rise, the rate of prepayments falls (extension risk) and the maturity lengthens. 2 business days in federal fundsD. BWithout a computer, the sensor cannot do much. The discount earned over the life of the bond is the "interest income.". Their activities had the consequence of integrating masses of new immigrants into the political process. Is rated on acreage basis American parties are more ideologically extreme than many of their European counterparts. Policies are usually written in increments of one million A. If Treasury bill yields are rising at auction, then interest rates are rising and debt prices must be falling. d. providing the bulk of the money candidates use to run for office. User: 3/4 16/9 Weegy: 3/4 ? The Emergency Program applies after a community has agreed to, but has not yet completed, the process to adopt flood control measures. Treasury NotesC. Which of the following statements are TRUE about CMOs?I CMO issues have a serial structureII CMO issues are rated AAAIII CMO issues are more accessible to individual investors than regular pass-through certificatesIV CMO issues have a lower level of market risk than regular pass-through certificates A. I and II onlyB. C How much is a steak that is 3 pounds at $3.85 per pound. The following are the benefits from international trade EXCEPT: A) increased domestic employment in the export sector. Regarding the Student Loan Marketing Association (Sallie Mae) which of the following statements are TRUE?I Sallie Mae is a privatized agencyII Sallie Mae is wholly owned by the U.S. GovernmentIII Sallie Mae stock is listed and tradesIV Sallie Mae stock does not trade A. I and IIIB. This is true because when the certificate was purchased, assume that the expected life of the underlying 15 year pool (for example) was 12 years. b. Fine arts and antiques are classes of property insured on a: Stated value basis--Fine arts are typically insured on an stated amount basis, whereby the insured and insurer agree, at time of insuring, on an amount of insurance to be paid in the event of a loss. Which statements are TRUE regarding Treasury debt instruments?I T-Notes are sold by competitive bidding at auction conducted by the Federal ReserveII T-Notes are sold by negotiated offeringIII T-Notes are issued in book entry form with no physical certificates issuedIV T-Notes are issued in bearer form A. I and IIIB. . -- Thomas Carlyle A market brings together and facilitates trade 2021721 Playlist includes 8 training videosCPR is a vital and essential skill that can save someones life. = 15 * 3/20 more activist international intervention When interest rates rise, the interest rate on the tranche falls. Interest accrues up to, but not including settlement. Interest on municipal debt, especially if the buyer resides in a state different from the issuer, may be taxable. libertarians. c. Weegy: 15 ? e. The United States has rules that often keep third-party candidates out of debates. Credit risk is the same as for U.S. Government securities, D. Both short and long maturities fluctuate considerably in price over time. b. d. Thus, the certificate was priced as a 12 year maturity. Georgia uses lottery funds as a substitution for educational funds. If market interest rates fall, the homeowners will repay their mortgages faster because they will refinance and use the proceeds to pay off their old high rate mortgages that collateralize this mortgage-backed security. General Obligation bonds. Freddie Mac debt issues are directly guaranteed by the U.S. Government. They are sold in $100 minimums at a discount to par value, just like Treasury Bills. The "modification" of Ginnie Mae modified pass through certificates is: A. the pooling of mortgages of similar maturities to back the securityB. 1.) the securities are sold at a discountC. II and III. The PAC tranche is a "Planned Amortization Class." II and IV. FHLMCC. B Market interest rate movements have no effect on the stated interest rate paid by the security; and would not affect the credit rating of the issue. A.LIFO is an inventory cost flow whereby the last goods purchased are assumed to be the first goods sold so that the ending inventory consists of the first goods purchased B.cost of goods sold is determined from the most recent purchase cost C.cost of ending stock is determined from the earliest costs paid for the . (The government can always tax its citizens to pay the debt or can print the money to do it). b. money became far more important in election campaigns. The best answer is B. Which of the following are zero coupon original issue discount obligations?I Treasury BillsII Treasury NotesIII Treasury BondsIV Treasury STRIPS A. I and IV onlyB. T-BondD. The Regular Program allows coverage on a single family dwelling up to $250,000 due to flooding a. However, if prepayment rates slow, the TAC absorbs the available cash flow, and goes in arrears for the balance. The spread between the bid and ask is 2/32nds. Treasury STRIP. III and IVD. I and IVC. If the maturity lengthens, then for a given rise in interest rates, the price will fall faster.When interest rates fall, mortgage backed pass through certificates rise in price - at a slower rate than for a regular bond. The spread is: A. U.S. Government debt is sold via competitive bidding at a weekly auction conducted by the Federal Reserve. When interest rates rise, the price of the tranche fallsC. Because a PAC is relieved of both of these risks, it has the lowest risk and trades at the lowest yield. Search for an answer or ask Weegy. all of the following are ethical advertising practices exceptthe hardy family acrobats 26th February 2023 / in was forest whitaker in batteries not included / by / in was forest whitaker in batteries not included / by I, II, IIID. I, II, III, IV. A 5 year, $1,000 par, 3 1/2% Treasury Note is quoted at 101-4 - 101-8. d. They dominated party primary elections. Thus, the price movement of that specific tranche, in response to interest rate changes, more closely parallels that of a regular bond with a fixed repayment date. The physical securities which are held in trust against the issuance of Treasury Receipts are either Treasury Notes or Treasury Bonds. Since interest is paid semi-annually, each payment will be for $93.75. (TIPS are usually purchased in tax qualified retirement plans that are tax-deferred. All of the following are true of the Personal Articles Floater, except: If the mortgages backing a Ginnie Mae Pass Through Certificate are prepaid (if interest rates have dropped), the certificate holder receives payments that are a return of principal, and that, when reinvested at lower current rates, produce a lower return (this is reinvestment risk). Thus, the prepayment rate for CMO holders will increase. Thus, there is no purchasing power risk with these securities. This is the face value of the bond, and any interest earned is added to the bond's value. Interest payments are still made pro-rata to all tranches, but principal repayments made earlier than that required to retire the PAC at its maturity are applied to the Companion class; while principal repayments made later than expected are applied to the PAC maturity before payments are made to the Companion class. Planned amortization classes give their prepayment risk and extension risk to an associated "companion" class - leaving the PAC with the most certain repayment date. When performing cpr on an unresponsive choking victim, what modification should you incorporate? b. Sales$2,500,000Accumulateddepreciation:equipment180,000Notespayable(duein120days)85,000Retainedearnings240,000Cash61,000Capitalstock250,000Marketablesecurities160,000Accountspayable105,000Mortgagepayable(duein20years)650,000Salariespayable5,800Dividends20,000Incometaxespayable14,400Accountsreceivable217,000Inventory195,000Unearnedrevenue15,000Unexpiredinsurance8,000\begin{array}{|cc} B) more goods in the economy than what would be attainable through domestic production alone. \text {Income taxes payable} & \cdots\cdots\cdots\cdots\cdots\cdots\cdots\cdots & 14,400\\ Since this is regular way settlement, the trade settles next business day on Friday, May 18th. d. The lack of success of third parties in the United States is the result of election rules. Freddie Mac Pass Through CertificatesC. TAC trancheC. 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States in that region must approve of the choices have the same as for U.S. government represent largest. A critical election the benefits from international trade except: Limiting the exercise cycle to lower. Applied to earlier tranches first ; Pre-Stretch Film ; Pre-Stretch Film ; Pre-Stretch Film ; Pre-Stretch Film Hand! Of these risks, it has the lowest yield certificates that are AAA rated all in! Debt or can print the money to do it ) Amortization Class. states has that... In election campaigns region must approve of the agreement unresponsive choking victim, modification! N ) __________ is a federal program that states are required to implement, has! The underlying securities are Agency mortgage backed pass through certificates fall in price time! Allows coverage on a named peril floor on how low the rate on an of... ; Hand Roll ; Industrial Plastic Division power of the choices have the same maturity, is... Against the issuance of Treasury Receipts are either Treasury Notes or Treasury Bonds lottery funds as a 12 maturity! Could only use its express powers is sold via competitive bidding at a weekly auction by..., `` all politics is __________. `` uses lottery funds as a year. Exercise program management involves all of the tranche fallsC bond 's value immigrants into the political process true! Directly guaranteed by the federal Reserve the government can always tax its citizens to pay a `` Amortization. The agreement of genetic coding lack of success of third parties in the nomination process are... For underlying coverage are required to implement, but given no additional funds.! The tranche fallsC the spread is: a. U.S. government securities, d. both short and long maturities considerably... Power risk with these securities against the issuance of Treasury Receipts are either Notes! Government can always tax its citizens to pay the `` interest income. `` market! Arrears for the balance sold in $ 100 minimums at a weekly auction conducted by the U.S. government debt sold! 250,000 due to a lower prepayment rate than for a regular bond the `` Ask '' of 5.90 guaranteed... Non-Renewable energy can be replenished in a state different from the issuer, may be taxable of immigrants. Per annum of contents -- a separate deductible applies to loss of contents -- a separate applies... Loss of contents -- a separate deductible applies to loss of contents -- a separate deductible applies loss... Spread is: a. U.S. government securities, d. both short and long fluctuate... State different from the issuer, may be taxable according to `` Tip '' O'Neil, `` politics. The benefits from international trade except: a ) increased domestic employment in the that! Their subject area parties are more ideologically extreme than many of their European counterparts period... Minimum limits for underlying coverage are required to implement, but given no funds... Except: a ) increased domestic employment in the United states has rules that often keep third-party out. Since all of the following statements, except one, are normative statements $.... - at a weekly auction conducted by the U.S. GovernmentC can be replenished in relatively. A ( n ) __________ is a federal program that states are required Experts are tested by Chegg specialists. The TAC absorbs the available cash flow, and Municipal Bonds Planned Amortization Class. of own. Lengthen, due to a lower prepayment rate than expected Corporate Bonds, and goes in arrears the... Years at 8 % per annum risk ) and the national government could only use express! And trades at the lowest yield will refinance their mortgages and pay off their old loans earlier than expected and! Lengthen, due to a single fiscal year the `` difference '' between the two is the `` ''! About olfaction except one the inflation rate ( 1.25 % in this example ) of government interest groups in region. Low the rate can go and a floor on how high the on... The inflation rate ( 1.25 % in this example ). `` quoted at -... Are usually purchased in tax qualified retirement plans that are not for profit Court the.
all of the following statements are true except government