Please select the correct response: A Treasury security in which the periodic interest payments...
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Finance
Please select the correct response:
A Treasury security in which the periodic interest payments been separated from the principal repayment and sold as a different security is called
| a T-note | ||
| a T-bond | ||
| a Zero Coupon bond | ||
| a G.O. bond | ||
| a Revenue bond |
The share price of a mutual fund, called the Net Asset Value (NAV) is calculated
| by dividing the total market value of the fund minus expenses by the total number of shares outstanding. | ||
| by dividing the total number of shares outstanding by the total market value of the fund minus expenses. | ||
| by taking the previous day's NAV and multiplying it by the percentage change in the value of the NYSE. | ||
| None of the above. |
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