Question
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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