41. Which of the following is an example of a capital market instrument that offers a guaranteed fixed interest rate?
a) Zero-coupon bond
b) Treasury bill
c) Commercial paper
d) Corporate bond
42. Which of the following is an example of a securitized asset?
a) Cash
b) Real estate
c) Stocks
d) Corporate bonds
43. Which of the following is a characteristic of a well-developed capital market?
a) Limited access to capital for businesses
b) High barriers to entry for investors
c) Efficient allocation of resources
d) Lower investment opportunities
44. A stock exchange is a marketplace where investors can:
a) Buy and sell commodities
b) Trade foreign currency
c) Exchange government bonds
d) Buy and sell shares of stock
45. Which of the following is an example of a capital market instrument that pays interest semi-annually?
a) Zero-coupon bond
b) Treasury bill
c) Corporate bond
d) Preferred stock
