A bond tends to pay a high interest rate if it is a. a short-term bond rather
Question:
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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The correct answer is d issued by a corporation of dubious credit quality Explanation The interest r...View the full answer
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