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1. The structure of repayment for most long-term bonds consists of a. fixed coupon payments every year until maturity. b. interest payments that vary by

1. The structure of repayment for most long-term bonds consists of

a.

fixed coupon payments every year until maturity.

b.

interest payments that vary by the yield to maturity each year.

c.

fixed coupon payments each year plus the face value or par value at maturity.

d.

converted payments from interest to dividends halfway to the bond's maturity.

e.

a balloon payment at maturity.

2.

For eligible individuals, Classic IRAs are

a.

tax deferred, taxed on the contributions but tax deductible upon withdrawal.

b.

tax deferred, tax deductible on the contributions but taxed upon withdrawal.

c.

tax exempt on the contributions, but taxed on the withdrawals.

d.

taxed on the contributions, but tax exempt on the withdrawals.

e.

tax exempt on the contributions and the withdrawals.

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