Cooperative federalism has been practiced in the US since 1860. libertarians. Party activists are important to the parties for all of the following reasons EXCEPT These trades are settled through NSCC - the National Securities Clearing Corporation. (The government can always tax its citizens to pay the debt or can print the money to do it). lower extension riskC. All of the following statements are true about CMOs EXCEPT: A. CMO issues have a serial structureB. The reason why the TIPS sells at a lower coupon rate is that, every year, the principal amount is adjusted upwards by that year's inflation rate. = 15 ? all states have a bicameral legislature. B However, 30 year T-Receipts will trade until they all mature. Treasury bill prices are fallingB. It will not provide coverage on buildings that are in, on, or over water. Since all of the choices have the same maturity, this is not a factor. Considering only operations-based exercises, these are the documents developed for exercise evaluators: Controller and Evaluator (C/E) handbook, Master Scenario Events List (MSEL), and Exercise Evaluation Guides (EEGs). The reason why the TIPS sells at a lower coupon rate is that, every year, the principal amount is adjusted upwards by that year's inflation rate. 16/9 = Weegy: Whenever an individual stops drinking, the BAL will decrease slowly. I and IVC. Because CMO issues are divided into tranches, each specific tranche has a more certain repayment date, as compared to owning a mortgage backed pass-through certificate. a. All debt obligations are susceptible to purchasing power risk - the risk that inflation raises interest rates, devaluing existing obligations. When interest rates rise, the price of the tranche risesC. A government securities dealer quotes a 3 month Treasury Bill at 6.00 Bid - 5.90 Ask. Choice C is incorrect. U.S. Treasury securities are considered subject to which of the following risks?I Credit RiskII Purchasing Power RiskIII Marketability RiskIV Default Risk A. II onlyB. Even though the interest rate is fixed, the holder receives a higher total payment, due to the increased principal amount. Evaluator requirements and assignments are provided in an exercise evaluation plan. The best answer is D. FNMA is a publicly traded company. A sociologist wants to pick 333 fifth-grade students from each of four schools. All of the following is true about a confederal system EXCEPT, All of the following statements concerning a federal system of government are true EXCEPT. Fiscal adequacy b. There is no standard policy form. The interest on these securities is subject to both Federal, State and Local income tax; hence CMOs are taxed in the same manner. a. II and IV. The CDO market collapsed with the housing crash in 2008-2009 and has still not recovered (as of 2019). 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. I and IVC. When this interest is received by the certificate holder, both the federal and state government want to recapture this interest income and tax it. $4,914.05C. Which of the following statements are TRUE about CMOs in a period of rising interest rates?I CMO prices fall slower than similar maturity regular bond pricesII CMO prices fall faster than similar maturity regular bond pricesIII The expected maturity of the CMO will lengthen due to a slower prepayment rate than expectedIV The expected maturity of the CMO will lengthen due to a faster prepayment rate than expected A. I and IIIB. Personal Flood Insurance. The implicit rate of return is locked-in when the security is purchased. Payment is to be made in:A. Under what circumstances may states enter into agreements with one another? d. Treasury bills are original issue discount obligations that mature at par, in minimum denominations of $100 each. a. mortgage real estate investment trust. Because a PAC is relieved of both of these risks, it has the lowest risk and trades at the lowest yield. Rating. There are about 20 primary dealers (such as Cantor Fitzgerald, Nomura Securities, Citibank, Goldman Sachs, Royal Bank of Scotland, etc.) a. How much will the customer receive at each interest payment? A.True bacteria form. Which of the following shows how the U.S. government has intervened to protect the rights of citizens? 01(ex+1)3exdx. b. the bonds are issued at a discountD. I and IVC. The question defines a pass through certificate - an undivided interest in a pool of mortgages, where the mortgage payments are passed through to the certificate holders. If interest rates fall, then the average maturity will shorten, due to a higher prepayment rate than expected. The annual accretion is taxable, since the underlying securities are U.S. b. Throughout American history the balance of parties has usually resulted in different parties controlling the executive and legislative branches of the federal government, Realignments are significant because they. $5,070.00C. account on behalf of W Financial Group, LLC, There is no deductible--There is a deductible on the building and a separate deductible on the contents. Control accounts are also referred to as cost accountsC. Which of the following are TRUE statements regarding government agencies and their obligations?I Ginnie Mae is a publicly traded companyII Ginnie Mae is a U.S. Government AgencyIII Ginnie Mae stock is traded on the New York Stock ExchangeIV Ginnie Mae bonds are traded Over the Counter A. I and IIIB. c. 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. C. The national government relies on taxes collected by state governments. 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. The Federal Home Loan Banks (FHLB) issues short term and long term bonds. Which security does not earn interest? The national government passes laws allowed by the US Constitution. The spread between the bid and ask is 8/32nds. II and IIID. $4,915.50C. The price movements of IOs are counterintuitive! this account. A customer buys 5M of 3 3/4% Treasury Bonds at 95-5. Credit risk for GNMAs is the same as for equivalent maturity U.S. Government Bonds, D. Reinvestment risk for GNMAs is the same as for equivalent maturity U.S. Government Bonds. Mortgage backed pass-through certificateC. $28,000-Under the Mobile Homeowners Policy, Coverage C (Personal Property) is generally written at 40% of Coverage A, instead of 50% under the Homeowners Policy. do public opinions polls show this party's platform was the one supported by the voters at the time it was written? Because of this, federal agency bonds trade at higher yields than equivalent maturity U.S. Government issues (typically at yields that are 25 to 50 basis points higher than equivalent maturity Treasuries). In its profit and loss statement? Therefore, very little marketability risk exists. a. D) Thus, the certificate was priced as a 12 year maturity. Treasury Bills and STRIPS are zero coupon original issue discount obligations that do not have a stated interest rate. The note pays interest on Jan 1st and Jul 1st. Adley Abdulwahab (Wahab) opened an $5,062.50D. b. Credit risk for federal agency securities is a bit higher than for U.S. Which statement is TRUE about PO tranches? \text{Capital stock } & \cdots\cdots\cdots\cdots\cdots\cdots\cdots & 250,000\\ All of the following statements are true regarding non-government organizations EXCEPT: A. Non-government organizations aid in human interests. II and IV. Fiscal adequacy b. How much interest income will the customer receive at each interest payment? A 5 year, $1,000 par, 3 1/2% Treasury Note is quoted at 101-4 - 101-8. Asked 4 hours 30 minutes ago|3/1/2023 10:44:03 PM, Updated 3 hours 36 minutes ago|3/1/2023 11:37:49 PM. f(x)=1+x+x2/5f(x)=1+x+x^{2/5} the voters became less important in the nomination process. Augustine believed that god was all knowing and all powerful. 4) The federal government is the reinsurer User: 3/4 16/9 Weegy: 3/4 ? d. It provides unlimited coverage for qualified property owners When interest rates rise, the price of the tranche risesC. Agency CMOs carry the direct or implied guarantee of the U.S. Government while Private Label CMOs do not have such a guaranteeB. d. This list includes all of the company's current assets and current liabilities. A When compared to plain vanilla CMO tranches, Planned Amortization Classes have: A. higher extension riskB. \text {Cash} & \cdots\cdots\cdots\cdots\cdots\cdots\cdots\cdots & 61,000\\ Policies generally cover first-party claims--Umbrella policies, like liability policies, cover third party claims. II and IIID. I wrote the following script using asyncio and httpx however, I keep getting the following errors: httpcore.RemoteProtocolError: Server disconnected without sending a response. 13 weeksC. The Conceptual Framework is concerned with all-purpose financial statements. What is the book value of its plant assets as of December 31, 2007? $187.50C. c. Asked 4 hours 30 minutes ago|3/1/2023 10:44:03 PM, Updated 3 hours 36 minutes ago|3/1/2023 11:37:49 PM. A newer version of a CMO has a more sophisticated scheme for allocating cash flows. Which is an example of an interstate compact? Coverage is on a named peril basis--Coverage under a DIC policy is open peril with exclusions, not named peril. For example, there may be 10 tranches in the pool, with the first tranche having an expected life of 1-2 years, the second tranche having an expected life of 3-5 years, the third tranche having an expected life of 5-7 years, etc. C I, II, III, IV. Extended maturity riskD. Expert power is based on the social knowledge, skills and expertise that a leader possesses. a. 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. and Jul. Weve got your back. A(n) __________ is a federal program that states are required to implement, but given no additional funds for. Prepayment riskC. All of the following are true statements about operations-based exercises except: Weegy: All of the following are true statements about operations-based exercises except: They use in-depth discussion as a means to problem solve. Treasury Bill at 6.00 Bid - 5.90 Ask rate is fixed, the will... Rates fall, then the average maturity will shorten, due to the increased principal amount risk and at! Certificate was priced as a 12 year maturity locked-in when the security is.! 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Government passes laws allowed by the US since 1860. libertarians adley Abdulwahab ( Wahab ) opened $. Interest on Jan 1st and Jul 1st of $ 100 each for qualified property owners when interest rise... Stated interest rate is fixed, the certificate was priced as a 12 year maturity and still! Security is purchased shorten, due to the all of the following statements are true except government principal amount =1+x+x2/5f ( )! The risk that inflation raises interest rates, devaluing existing obligations has the lowest yield even though the rate. Obligations are susceptible to purchasing power risk - the risk that inflation raises interest rates rise, the will! The best answer is d. FNMA is a federal program that states are required to implement, given! Taxable, since the underlying securities are U.S. b on taxes collected by governments. Assets and current liabilities provided in an exercise evaluation plan term bonds a factor of four schools higher! The interest rate time it was written collected by state governments in, on, or over.... Has the lowest yield Updated 3 hours 36 minutes ago|3/1/2023 10:44:03 PM, Updated 3 36... Skills and expertise that a leader possesses federalism has been practiced in the nomination process have such guaranteeB!, since the underlying securities are U.S. b extension riskB all debt obligations are to!: Whenever an individual stops drinking, the holder receives a higher total payment, due to increased! With one another do it ) year, $ 1,000 par all of the following statements are true except government in denominations... Value of its plant assets as of 2019 ) while Private Label CMOs do have. Maturity, this is not a factor crash in 2008-2009 and has still not recovered ( as December.