True/False
Indicate whether the sentence or statement is true or
false.
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| 1. | Bonds are basically loans to
corporations and governments.
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| 2. | Munis is another name for
corporate bonds.
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| 3. | Generally, you do not pay
income tax on the interest earned on municipal bonds.
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| 4. | Minors may own U.S. Savings
Bonds with no stipulations or restrictions.
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| 5. | A foreigner may own U.S.
Savings Bonds if they are a civilian employee of the U.S. Government.
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Multiple
Choice
Identify the letter of the choice that best completes the statement or answers the
question.
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| 6. | A printed certificate with a
promise to pay a definite amount of money at a stated interest rate on a specified maturity date is
the basic definition for: a. | stock | b. | interest | c. | IRA | d. | bond | | | | | | | | |
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| 7. | Which is NOT a type of U.S.
Savings Bond discussed in your notes? a. | Series G | b. | Series I | c. | Series EE | d. | Series HH | | | | | | | | |
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Numeric
Response
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| | 8. | Bonds are generally bought and
sold in increments of $_______. (no commas in the answer)
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Completion
Complete each sentence or statement.
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| | 9. | The amount being borrowed by
the seller of the bond is known as _______ _________. (no capitalization; two words; spelling
counts)
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| | 10. | Since the attacks that occurred
on September 11, 2001, U.S. Series ____ bonds are now also referred to as ‘Patriot
Bonds’. (capitalize your answer)
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