d. continental federalism. B A control account is an assigned WBS level used to monitor cost and schedule performance of significant element of work.B. C B. C. State governments rely on local governments to implement state programs. Which of the following is not true about the FAIR plan? the process of getting a person elected to public office. Search for an answer or ask Weegy. For example, 30 year mortgages are now typically paid off in 10 years - because people move. U.S. Treasury securities are generally considered to be immune to all of the following risks EXCEPT: A. default riskB. 14%C. C. Under cooperative federalism, different levels of government work together on programs. Zero coupon bondB. Louisiana Determine the reasonableness of the estimate. From 1801 to 1835, the Supreme Court was headed by Chief Justice __________. d. The focus of budgeting is planning.e. An annual upward adjustment due to inflation is not taxable in that year; an annual downward adjustment due to deflation is not tax deductible in that year. This means that the dollar price will be computed by deducting a discount of 5.90 percent from the par value of $100. 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. Policies are written in increments of one million The best answer is A. Fannie Mae is a privatized agency that is publicly traded. 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. All of the following are true of Personal Umbrella Liability Policies, except: Haydn's opus 33 string quartets were first performed for However, if prepayment rates slow, the TAC absorbs the available cash flow, and goes in arrears for the balance. Once the Federal government started "stripping" bonds itself (in 1986) and selling them to investors, this market evaporated. CMO tranches are generally AAA rated (or have an implied AAA rating because the tranches are backed by GNMA, FNMA or Freddie Mac pass-through certificates). What is the difference between the compound interest and simple interest on rupees 8000 50% per annum for 2 years? (The government can always tax its citizens to pay the debt or can print the money to do it). $6.25 per $1,000. State governments help the national government in times of crisis. gained additional power, along with the rest of the national government. Which underlying policy is not required by a personal umbrella policy? Coverage is written on a replacement cost basis--Coverage is written on a 'valued' basis. All of the following statements are true regarding CMOs EXCEPT: A. CMO holders are paid interest semi-annuallyB. D Thus, the prepayment rate for CMO holders will increase. The best answer is B. Thus, the PAC class is given a more certain maturity date; while the Companion class has a higher level of prepayment risk if interest rates fall; and a higher level of so-called "extension risk" - the risk that the maturity may be longer than expected, if interest rates rise. All of the following are true of the Fine Arts Floater, except: All of the following statements are true, except: a. Canadian residents must report their worldwide income for tax purposes. Ginnie Mae Pass through certificates are termed "modified" because they are backed by the U.S. Government as well as the agency. An effective exercise program helps organizations maximize efficiency, resources, time, and funding by ensuring that exercises are part of a coordinated, integrated approach to building, sustaining, and delivering core capabilities. So there are really 2 components of return on a TIPS - the lower coupon rate plus the principal adjustment equal to that year's inflation rate. It has a 90-day automatic coverage for newly acquired items. II and IV. I and IVC. 1.) Mortgage backed pass through certificates are sold in minimum denominations of $25,000 (instead of the typical $1,000 for other bonds and $100 for Treasury issues). The physical securities which are held in trust against the issuance of Treasury Receipts are either Treasury Notes or Treasury Bonds. II and IIID. 16/9 = Weegy: Whenever an individual stops drinking, the BAL will decrease slowly. e. party base. b. gives to the federal government all powers not specifically designated in the Constitution. I, II, III, IV. d. The statement,Sole proprietors must follow all laws, including federal, state. Annual interest on the bonds is 3.75% of $5,000 face amount equals $187.50. Ginnie Mae is a government (not a private) company and cannot be spun off because of the guarantee of the U.S. Government. II and III onlyD. Thus, they give an assured stream of interest payments for a long time period. c. Added 2 hours 56 minutes ago|3/2/2023 12:18:02 AM. Under what circumstances may states enter into agreements with one another? However, if prepayment rates slow, the TAC absorbs the available cash flow, and goes in arrears for the balance. b. American parties have recently increased their party discipline. The ergence of hyperpartisanism has brought the American party system ___________the standards for a responsible party system. The last interest payment was made on February 1st. Which Treasury security is NOT sold on a regular auction schedule? Thus, as mortgages are prepaid, payments are applied to earlier tranches first. e. The changes from one era to another are marked by a shift in party dominance called a realignment. The securities underlying CMOs are GNMA or FNMA mortgage backed pass-through certificates. This agency has been partially sold off to the public as a corporation that was listed on the NYSE. b. While balancing your Lun des accessoires de tlphones portables les plus achets est le film protecteur cran. These are issued at a deep discount to face.Its price moves just like a conventional long term deep discount bond. Thus, the certificate was priced as a 12 year maturity. Governments. have previously assembled a winning coalition in their district. This means that the opportunity cost of external equity capital is about 15 percentage points higher than that of retained earnings." FAIR means Fair Access to Insurance Requirements All of the following statements regarding Government National Mortgage Association (GNMA) pass-through securities are true except A) the minimum initial investment is $1,000. The fact that repayment is expected earlier than the life of the mortgages is based on the mortgage pool's: A. standard deviation of returnsB. authorized signers on the account. Treasury Bond. The Treasury market is the deepest, most active trading market in the world; and U.S. Government securities are considered to be free of credit risk. The annual accretion amount is subject to Federal income tax each year, as the underlying securities are U.S. An annual upward adjustment due to inflation is taxable in that year; an annual downward adjustment due to deflation is not tax deductible in that year.B. Interest rate riskB. The best answer is A. 5 months ago. They have a much higher minimum to discourage small investors (who tend to be less sophisticated) from buying them - because they have difficulty in quantifying risks of shortening or lengthening maturities, due to interest rates falling or rising, respectively. II and IIID. The spread is $1.25 per $1,000C. more than the rate on an equivalent maturity Treasury BondD. II and IV. Organizations share a common purpose or mission. All of the following are true statements about the American legal system except: a. defined by the U.S. Constitution b. each branch has a separate sphere of authority (checks) c. each branch of government is subject to review by the other branches (balances) d. decisions by each branch of government may be overturned by administrative agency courts C As payments are received from the underlying mortgages, interest is paid pro-rata to all tranches; but principal repayments are paid sequentially to the first, then second, then third tranche, etc. Which of the following statements are TRUE about CMOs?I CMO issues have a serial structureII CMO issues are rated AAAIII CMO issues are more accessible to individual investors than regular pass-through certificatesIV CMO issues have a lower level of market risk than regular pass-through certificates A. I and II onlyB. (Set up in combination symbols; do not work out.). categorical grants A. Dealers typically quote agency securities, including Ginnie Maes, on a basis point differential to equivalent maturing U.S. A 5 year, $1,000 par, 3 1/2% Treasury Note is quoted at 101-4 - 101-8. In which state would one arguably have the best access to legislators? Protection and Indemnity 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). publically denouncing the more extreme wing of their own party. When all of the interest is paid, the "notional principal" has been brought to par and the security is now paid off. D) Added 3 hours 12 minutes ago|3/2/2023 12:01:36 AM, Updated 2 hours 56 minutes ago|3/2/2023 12:18:02 AM. Historically, a final exam in a course is passed with a probability of 0.90.90.9. \text {Accounts payable} & \cdots\cdots\cdots\cdots\cdots\cdots\cdots\cdots & 105,000\\ I and IVC. Governments. Interest payments are still made pro-rata to all tranches, but principal repayments that are made earlier than the PAC maturity are made to the Companion classes before being applied to the PAC (this would occur if interest rates drop); while principal repayments made later than anticipated are applied to the PAC maturity before payments are made to the Companion class (this would occur if interest rates rise). a. they provide the base of votes from which candidates build majorities to win elections. If the maturity shortens, then for a given fall in interest rates, the price will rise slower. D. State governments rely on national government to provide funds for education. e. What is your reaction to the platform? later, Wahab withdrew $1,701,250 from W C) Potential tariff revenue to the government. Added 3 hours 12 minutes ago|3/2/2023 12:01:36 AM, Updated 2 hours 56 minutes ago|3/2/2023 12:18:02 AM. c. The United States does not allocate its legislative seats proportionally. STRIPS, Which of the following securities issued by the U.S. Government is considered to be a money market security? C) they are always directly backed by the federal government. D TACs do not offer the same degree of protection against "extension risk" as do PACs during periods of rising interest rates - hence their prices will be more volatile during such periods. These tranches are given a greater certainty of repayment at the projected date, by allocating earlier than expected repayments to so-called "companion" tranches, before prepayments are applied to these tranches. The focus of the Final Planning Meeting (FPM) includes all of the following except? Which of the following is NOT a sound argument for a federalist system of government? = 2 5/20 Treasury bills:I are issued in minimum $100 denominationsII are issued in minimum $10,000 denominationsIII mature at parIV mature at par plus accrued interest A. I and IIIB. c. They provide a voice for the opposition to official government policy. d. Some companies do not write the endorsement. Which statement is TRUE regarding the tax treatment of the annual adjustment to the principal amount of a Treasury Inflation Protection Security? A. Remember, government and agency securities are quoted in 32nds (with the exception of T-Bills, quoted on a yield basis). C When interest rates rise, the interest rate on the tranche fallsD. Which Amendment? "5M" means that the customer is buying $5,000 par value of the notes (M is Latin for $1,000). When interest rates rise, the price of the tranche fallsC. If interest rates fall, then the average maturity will shorten, due to a higher prepayment rate than expected. Short-term Treasury Bills have almost no purchasing power risk as well, so they are considered to be a "risk-free" security. Settlement of government securities trades takes place the business day following trade date. II and IIID. All of the following are true statements about U.S. Government Agency securities EXCEPT: A. U.S. Government Agency Securities are quoted in 1/32ndsB. Market value added (MVA); economic value added (EVA). Dealers typically quoted GNMA securities at 50 basis points over equivalent maturity U.S. Government BondsC. Sallie Mae stock is listed and trades on NASDAQ. The remaining statements are all true - CMOs have a serial structure since they are divided into 15 - 30 maturities known as tranches; CMOs are rated AAA; and CMOs are more accessible to individual investors since they have $1,000 minimum denominations as compared to $25,000 for pass-through certificates. a distinct evolutionary group. Each receipt is, essentially, a zero-coupon obligation, that is purchased at a discount, and which is redeemable at par at a pre-set date. Treasury Notes:I pay interest semi-annuallyII pay interest at maturityIII mature in under 1 yearIV mature between 1 and 10 years A. I and IIIB. CThe sensor will detect fire and make an emergency call. 4 All of the following statements about filibusters are true EXCEPT a. f(x)=1+x+x2/5f(x)=1+x+x^{2/5} b. 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. If interest rates fall, then the average maturity will shorten, due to a higher prepayment rate than expected. In contrast, "Private Label" CMOs are created by brokerage firms, who can use the MBSs of Ginnie, Fannie and Freddie as underlying collateral, but they also use MBSs created by the broker-dealer itself that have underlying collateral consisting of non-conforming jumbo mortgages that Ginnie, Fannie and Freddie won't buy because they are too large; and mortgage loans that the agencies won't buy because they do not meet the agency's underwriting standards (meaning they are risky). 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. -- Thomas Carlyle A market brings together and facilitates trade 2021721 Playlist includes 8 training videosCPR is a vital and essential skill that can save someones life. d. The lack of success of third parties in the United States is the result of election rules. The current party era is characterized by all of the following EXCEPT A. 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. Planned Amortization ClassB. For each of the following rejection regions, sketch the sampling distribution of t and indicate the location of the rejection region on your sketch: t<2.060ort>2.060,wheredf=25t < - 2.060 \text { or } t > 2.060 , \text { where df } = 25 8/32nds = 1/4th = .25% of $1,000 par = $2.50. 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. Macaulay duration. Its shares have been delisted from the NYSE and now trade OTC in the Pink OTC Markets. Adley Abdulwahab (Wahab) opened an It provides coverage for catastrophic liability losses. I, II, III, IV. Price volatility of a CMO issue would most closely parallel that of an equivalent maturity: A. The spread between the bid and ask is 8/32nds. exempt from Federal income tax, but subject to State and Local taxC. 6 Personal Auto Policy - Random Questions, Chapter 12:Miscellaneous commercial policies, Fundamentals of Financial Management, Concise Edition, Daniel F Viele, David H Marshall, Wayne W McManus, PNF (proprioceptive neuromuscular facilitatio. A. differing tranches will be offered at differing yields, D. each tranche has the same level of market risk. Either political party may use the filibuster b. e. the voters became less important in the nomination process. This list includes all of the company's current assets and current liabilities. A Acompanhe-nos: bonsall oaks development Facebook. All states in that region must approve of the agreement.
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