A bond tends to pay a high interest rate if it isa. a short-term bond rather than a long-term bond.b. a municipal bond exempt from federal taxation.c. issued by the federal government rather than acorporation.d. issued by a corporation of dubious credit quality
A bond tends to pay a high interest rate if it isa. a short-term bond rather than a long-term bond.b. a municipal bond exempt from federal taxation.c. issued by the federal government rather than acorporation.d. issued by a corporation of dubious credit quality
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A bond tends to pay a high interest rate if it is
a. a short-term bond rather than a long-term bond.
b. a municipal bond exempt from federal taxation.
c. issued by the federal government rather than a
corporation.
d. issued by a corporation of dubious credit quality
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