Bonds issued by states, cities, and various government agencies to fund public projects are known as ________
A) treasury bonds
B) treasury bills
C) TIPS
D) treasury notes
E) municipal bonds
Answer: E
Explanation: Municipal bonds (often informally called munis) are issued by states, cities, and various government agencies to raise money for public projects such as building schools, highways, and airports.
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A company estimates the following expenditures: preferred dividends paid of $22,200; wages paid to workers of $49,600; overhead costs of $24,300; raw materials of $45,000; shipping costs of $12,100. What are the total production costs?
A) $131,000 B) $134,500 C) $142,100 D) $153,200
Price and volume of shares traded of Salem Industries on four consecutive days are shown below. Monday Tuesday Wednesday Thursday $27 $26 $28 $30 100,000 80,000 70,000 110,000
Compute Salem's on balance volume at the end of Thursday's trading. Assume last Friday's closing price was $26.50. A) 200,000 B) -40,000 C) 180,000 D) 360,000