Which of the following is not true about the tiny city of Canterbury, England? 

The ________ value of a bond is the amount that the issuer must pay at maturity.

More stock trading in the U.S. occurs in over-the-counter markets rather than on organized exchanges.

The security with the longest maturity is a Treasury

A banker’s acceptance is an order to pay a specified amount of money to the bearer on a given date. Banker’s acceptances have been used since the twelfth century.

A basic principle of finance is that the value of any investment is

General obligation bonds have specific assets pledged as security or specific sources of revenue allocated for their repayment.

Commercial paper securities

Which of the following two individuals formally declared that the US and the USSR were no longer enemies?

(I) Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation. (II) General obligation bonds do not have specific assets pledged as security or a specific source of revenue allocated for their repayment.