Which is NOT an example of chattels real?
A. Furniture
B. Trust deeds
C. Lease interests
D. Shares in a housing cooperative
Answer: A. Furniture
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Which of the following types of bonds, as characterized by a feature, by definition has two coupon payments per year?
A) Consol B) Semiannual C) Zero-coupon D) Putable
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When can Bermudan options be exercised?
A. Any time during the life of the options B. Any time after a certain date up to the end of the life of the life C. Any time before a certain date or at the end of the option's life D. On dates specified at the start of the option
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