The type of organisation that specializes in deposit-taking and cash loans is known as a:
Mutual fund
Commercial bank
Investment bank
Private bank
Bond types that are traded at a deeply discounted price are:
Floating rate notes
Zero coupon bonds
Convertible bonds and Exchangeable bonds
Fixed rate bonds
The market in which debt is issued over the long-term describes:
The money market
The foreign exchange market
The capital market
The equity market
The price of a bond trade which excludes accrued interest is known as:
A dirty price
A fresh price
A clean price
A cloudy price
TESTED 22 Dec 2024
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