Which security provides the lowest bid-ask spread
a) Treasury notes b) TIPS c) Treasury Bonds d) Corporate bonds
Which statement is false?
a) TIPS are coupon bearing securities b) In the US, the convention is to quote a bond's full price c) TIPS do not have credit risk d) Treasuries do not have call risk
What is not one of the factors that affect nominal spreads?
a) Credit Risk b) Liquidity risk c) Tax Risk d) Reinvestment risk