第二章单元测试
  1. ( ) guarantees a price for a corporations securities and then sells them to the public.

  2. A:the mutual fund B:the investment bank C:the commercial bank D:the credit union
    答案:the investment bank
  3. Dealers are agents of investors who match buyers with sellers of securities. ( )

  4. A:对 B:错
    答案:错
  5. The interest rate on short-term instruments can be higher, lower, or equal to the interest rate on long-term instruments.( )

  6. A:错 B:对
    答案:对
  7. The greater the default risk, the lower the interest rate the issuer must promise to investors to get them to buy it.( )

  8. A:错 B:对
    答案:错
  9. A rise in interest rates is associated with a fall in bond prices, resulting in capital losses on bonds whose terms to maturity are longer than the holding period.( )

  10. A:对 B:错
    答案:对

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