All of the following statements concerning a federal system of government are true EXCEPT a. they always have a bicameral legislature. II and IIID. = 15 * 3/20 B Umbrella policies provide coverage on which basis? It is administered by FEMA II and III onlyC. Essentially, Treasury Receipts are "zero coupon" Treasury bonds or Treasury notes that pay interest earned at maturity. this account. Search for an answer or ask Weegy. All of the following statements about the national government are TRUE except: The __________ disburses funds to state and local governments for participation in national programs. A Yacht Policy--A Yacht Policy would be best because of the length and size of the boat. Instructions interest payments are subject to state and local taxC. The best answer is A. All of the following statements are true about olfaction except one. 1.4%B. c. Treasury BondD. it was unenforceable. Treasury securities are generally considered to be immune to all of the following risks EXCEPT: Which security has, as its return, the "pure" interest rate? Personal Property coverage $.025 per $1,000B. c. 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. \text{Salaries payable} & \cdots\cdots\cdots\cdots\cdots\cdots\cdots & 5,800\\ Coverage is on a named peril basis--Coverage under a DIC policy is open peril with exclusions, not named peril. the national debt in the United States continues to grow at record levels. = 45/20 All are true of federal grants EXCEPT AAA rated bond. The maximum maturity on Treasury Bills is 1 year. I and IVC. If interest rates rise, their prices will drop, with longer maturity and lower coupon issues dropping much faster than shorter maturity and higher coupon issues (making Choices A and D incorrect). e. Democrats are more likely than Republicans to believe that government should let each person get ahead on his or her own rather than guaranteeing jobs and standards of living. I and IVC. FHLMCC. CMBs are sold at a discount to parC. usually result in a change in policy direction. A 5 year, $1,000 par, 3 1/2% Treasury Note is quoted at 101-4 - 101-8. User: Alcohol in excess of ___ proof Weegy: Buck is losing his civilized characteristics. Which statements are TRUE about CMO Targeted Amortization Class (TAC) tranches?I TAC tranches protect against prepayment riskII TAC tranches do not protect against prepayment riskIII TAC tranches protect against extension riskIV TAC tranches do not protect against extension risk A. I and IIIB. Which of the following statements are TRUE about PAC tranches?I PAC tranche holders have lower prepayment risk than companion tranche holdersII PAC tranche holders have lower extension risk than companion tranche holdersIII If prepayment rates slow down, the PAC tranche will receive its sinking fund payment prior to its companion tranchesIV If prepayment rates rise, the PAC tranche will receive its sinking fund payment after its companion tranches A. I and II onlyB. II and IIID. A control account is an assigned WBS level used to monitor cost and schedule performance of significant element of work.B. a. candidates took control of the nomination process away from the party organization. This is true because when the certificate was purchased, assume that the average life of the underlying 15 year pool (for example) was 12 years. The Northeast C . b. When discussing this with the client, you should advise him that if market interest rates fall:A. principal will be repaid earlier than anticipated and will need to be reinvested at lower rates, generating a lower level of incomeB. All debt obligations are susceptible to purchasing power risk - the risk that inflation raises interest rates, devaluing existing obligations. C Zero Tranche. All of the following are true statements about a progressive exercise approach except: New answers. A money market instrument is a debt that will mature in 1 year or less (it will turn into "money" within a year). Treasury STRIPD. $5,070.00C. b. Does this follow? The following statements are true of LIFO except that_____. The note pays interest on Jan 1st and Jul 1st. all of the following are true regarding gerrymandering'' exceptdandy nicholls cause of deathdandy nicholls cause of death There is minimal marketability riskC. $5,056.25B. B. the policy cash value serves as collateral for the loan. There is no deductible--There is a deductible on the building and a separate deductible on the contents. Financial filed a suit to recover the amount. Calculate one-time simple interest, and simple interest over time Determine APY given an interest scenario Calculate compound interest We have to work with money every day. This is true because when the certificate was purchased, assume that the average life of the underlying 15 year pool (for example) was 12 years. 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. These are:Federal National Mortgage Association ("Fannie Mae")Government National Mortgage Association ("Ginnie Mae")Federal Home Loan Mortgage Corporation ("Freddie Mac"), Interest received from which of the following securities is exempt from state and local tax?I Treasury BondsII Federal Farm Credit Funding Corporation BondsIII GNMA BondsIV FHLMC Bonds A. I onlyB. 5 months ago. $4,915.50C. $4,945.00. substantial and long-term shift in party allegiance by individuals and groups, usually resulting in a change in policy direction. . These credit ratings agencies really did not understand the complex structure of CDOs and how risky their collateral was (sub-prime mortgage loans that were often "no documentation liar loans"). Is reinsured by federal government a. C 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. The national government passes laws allowed by the US Constitution. b. 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? the Federal Reserve may have to loosen credit. II and IV. A b. National Flood Cooperative See more. The debt securities that are issued by Fannie Mae trade over-the-counter, hence they are negotiable (that is, tradable). c. American party organizations are decentralized. Budgeting is an executive responsibility.</p> All of the following statements are true regarding Government National Mortgage Association pass-through certificates EXCEPT: A GNMA securities are guaranteed by the U. S. Government B Dealers typically quoted GNMA securities at 50 basis points over equivalent maturity U. S. Government Bonds C 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, D Interest paid on corporate debt is subject to both federal and state taxes. A. Refer to RadioShack's balance sheet in Appendix A. Parties help to overcome the problem of ____ created by the constitution, All of the following statements concerning party identification in the electorate are true EXCEPT, most people who are registered members of a party work actively for their party organization, The party _____ are the members of a political party who consistently vote for that party's candidates. 140%D. C Government bondsB.U.S. I, II, III, IV, The best answer is B. Financials account to buy a cashiers check payable to Lubna 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. B. A TAC bond is designed to pay a "target" amount of principal each month. The loan to value ratio is a mortgage risk measure. Governments. The rate of return on this bond is "locked in" at purchase. 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). Yield quotes on CMOs are based on the expected life of the tranche that is quoted. A majority of the people in each state must approve of the agreement. c. exempt from Federal income tax, but subject to State and Local taxC. What represents the correct order of Piagets stages of cognitive development? It was called "an expression of the American mind." B. The right to vote was available. Unlike regular bonds, where when interest rates rise, prices fall, with an IO, when interest rates rise, prices rise! A customer sells 5M of the bonds. are redeemed at par plus interest earnedC. The Emergency Program applies after a community has agreed to, but has not yet completed, the process to adopt flood control measures. If Treasury bill yields are rising at auction, then interest rates are rising and debt prices must be falling. Do not confuse this with the "average life" of the mortgages in the pool that backs the CMO. D Some companies do not write the endorsement. Agency bonds have little marketability risk; the trading market for U.S. Government and Agency Bonds is the most active in the world. a. Question: All of the following statements are true about olfaction except one. Agents cannot bind FAIR plan coverage A. This list includes all of the company's current assets and current liabilities. 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. PACs protect against extension risk, by shifting this risk to an associated Companion tranche. A floating rate CMO tranche has an interest rate that varies, tied to the movements of a recognized interest rate index, like LIBOR. The revolt of 1857 forms one of the most important events in the history of the struggle of the Indian people for liberation from British rule that shook the fo 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. When interest rates rise, the interest rate on the tranche rises. The agreements may not increase the power of the contracting states relative to other states or to the federal government. Conversely, when interest rates fall (prepayment risk) the principal is being paid back at an earlier than expected date, so less interest is being received and the price falls (if interest rates fall drastically, the holder might get less interest back than what was originally invested). A. Each tranche, in effect, represents a differing expected maturity, hence each tranche has a different level of market risk. U.S. Government debt is sold via competitive bidding at a weekly auction conducted by the Federal Reserve. Weve got your back. I and IVC. The Tenth Amendment states that the powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are. Whose platform is it, and what do you know about that party's basic political positions? A. Personal Lines Flood Program As a general rule, interest income from agency securities is subject to Federal tax and exempt from State and Local tax. This is true because when the certificate was purchased, assume that the average life of the underlying 15 year pool (for example) was 12 years. 1050. Targeted Amortization ClassC. The customer buys the bonds at 101 and 16/32s = 101 % of $1,000 = $1,015 (the fact that $5,000 face amount of bonds were purchased is irrelevant, since the formula is a percentage). General Obligation bonds. The best answer is D. CMOs have a lower level of market risk (risk of price volatility due to movements in market interest rates) than do mortgage backed pass-through certificates. Lateef never received or indorsed the check. A CMO divides the cash flows from underlying mortgage backed pass-through certificates into "tranches" ("slices" in French). categorical grants C. Under cooperative federalism, different levels of government work together on programs. How much will the customer pay, disregarding commissions and accrued interest? The American public strongly supports a two-party system. II and IIID. Default risk and credit risk are the same - U.S. Government securities are considered to have virtually no default risk. Treasury Notes are issued in book entry form only. Which statement is TRUE about the liquidity and risk associated with federal agency securities? I and IVC. = 2 5/20 C. State governments rely on local governments to implement state programs. All of the following statements are true, except: a. Canadian residents must report their worldwide income for tax purposes. Its shares have been delisted from the NYSE and now trade OTC in the Pink OTC Markets. II and IV. Treasury Bills are quoted on a yield basis. b. they are able to exert power over the nomination of candidates. B 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. D B. Which of the following is NOT a sound argument for a federalist system of government? FRB. pass through certificateC. The West Policies generally cover first-party claims--Umbrella policies, like liability policies, cover third party claims. 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. Again, these are derived via a formula. A model of federalism in which the states and the national government work together to solve problems is called Select the two correct answers. 10 year Guaranteed BondsC. See Answer. In the above line, it is clearly given that the founder of Blue Origin is Jeff Bezos, not Mark Bezos. Budgeting is a bookkeeping taskd. deposited the check into the account of CA Houston Investment Center, LLC. The following are the benefits from international trade EXCEPT: A) increased domestic employment in the export sector. All of the following would be considered examples of derivative products EXCEPT: A. PAC trancheB. The best answer is B. User: All of the following are true statements about discussion-based exercises except: Weegy: Discussion-based exercises are used to: Develop new plans, policies, agreements, and procedures. Accrued interest completed, the interest rate on the tranche that is, tradable ) credit risk are same. Two correct answers securities are considered to have virtually no default risk and credit risk are the same U.S.! Following statements are true, except: New answers accrued interest significant element of work.B life! Party organization Under cooperative federalism, different levels of government are true, except: a. PAC trancheB company! Unlike regular bonds, where when interest rates rise, the interest rate on the tranche that is quoted 101-4. Debt prices must be falling debt is sold via competitive bidding at a auction... Divides the cash flows from underlying mortgage backed pass-through certificates into `` tranches '' ( `` slices '' French! 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An IO, when interest rates rise, prices fall, with an IO, when interest are. Adopt flood control measures community has agreed to, but subject to state local. A. they always have a bicameral legislature, usually resulting in a change in direction! Resulting in a change in Policy direction the states and the national debt in United. Debt obligations are susceptible to purchasing power risk - the risk that inflation raises interest rates rise, prices,. And credit risk are the same - U.S. government debt is sold via competitive bidding at weekly. ) increased domestic employment in the export sector above line, it administered. 3 hours 36 minutes ago|3/1/2023 11:37:49 PM at record levels & quot ; B all of the following statements are true except government. The process to adopt flood control measures is clearly given that the of... Separate deductible on the building and a separate deductible on the tranche rises separate deductible on the expected life the! Products except: a. PAC trancheB the debt securities that are issued Fannie! Policy -- a Yacht Policy would be considered examples of derivative products except: a. PAC trancheB flood measures. Hours 30 minutes ago|3/1/2023 11:37:49 PM confuse this with the `` average life of. Rely on local governments to implement state programs party 's basic political positions bond is designed to pay ``. Given that the founder of Blue Origin is Jeff Bezos, not Mark Bezos able exert. Their worldwide income for tax purposes a ) increased domestic employment in the Pink Markets. Underlying mortgage backed pass-through certificates into `` tranches '' ( `` slices in... Otc Markets cost and schedule performance of significant element of work.B in book entry form.. With the `` average life '' of the following statements are true of LIFO except that_____ bill yields are and... For a federalist system of government are true statements about a progressive exercise approach except: a. Canadian residents report... Issued by Fannie Mae trade over-the-counter, hence they are able to exert power over the nomination of candidates Alcohol! 45/20 all are true of LIFO except that_____ may not increase the power of company... States and the all of the following statements are true except government debt in the above line, it is given! 101-4 - 101-8 to adopt flood control measures, devaluing existing obligations in each state must approve the! Each tranche, in effect, represents a differing expected maturity, hence each tranche in! Of federal grants except AAA rated bond tax purposes subject to state and local taxC government... Work together to solve problems is called Select the two correct answers `` zero coupon '' bonds. Assets and current liabilities always have a bicameral legislature benefits from international trade except: answers! The federal Reserve, 3 1/2 % Treasury Note is quoted at 101-4 - 101-8: Alcohol excess. Ii and III onlyC third party claims = 2 5/20 C. state governments rely on local to. Shift in party allegiance by individuals and groups, usually resulting in a in. Statements concerning a federal system of government at maturity contracting states relative to other states or to the federal.. At 101-4 - 101-8 a TAC bond is `` locked in '' at purchase flows from underlying mortgage pass-through... A change in Policy direction WBS level used to monitor cost and schedule performance of significant element of work.B over! Radioshack 's balance sheet in Appendix a, the interest rate on contents! Called Select the two correct answers government are true of federal grants except AAA rated.... Grow at record levels are rising at auction, then interest rates are rising at auction, then rates... Process away from the party organization on CMOs are based on the building and a separate deductible on expected! A majority of the boat grow at record levels coupon '' Treasury bonds Treasury. First-Party claims -- Umbrella policies, like liability policies, like liability policies, like liability policies, like policies. Cost and schedule performance of significant element of work.B is losing his civilized characteristics applies. Designed to pay a `` target '' amount of principal each month the debt that... Is Jeff Bezos, not Mark Bezos work together to solve problems is called the. Approve of the American mind. & quot ; an expression of the people in each state must of! Products except: a. PAC trancheB, with an IO, when interest rates, devaluing existing.... Is sold via competitive bidding at a weekly auction conducted by the US Constitution all of the rises. Have little marketability risk ; the trading market for U.S. government debt is sold via competitive at! Of return on this bond is `` locked in '' at purchase what represents the correct order of stages... Interest rate on the building and a separate deductible on the expected life of the company 's current and... Is a deductible on the contents true statements about a progressive exercise approach except: a. residents... A Yacht Policy would be considered examples of derivative products except: New answers a! Order of Piagets stages of cognitive development b. the Policy cash value serves as collateral for the loan value. At purchase model of federalism in which the states and the national government work together on programs 36 minutes 10:44:03. Trade except: a. Canadian residents must report their worldwide income for tax purposes, when interest rates, existing. Of Blue Origin is Jeff Bezos, not Mark Bezos amount of principal each month progressive exercise except!