21 & 22 Please

Question 21 You are looking at investing in investment grade bonds. Which of the following is NOT a property of investment grade bonds? Answer saved Points out of 1 Flag question Select one: a. The bonds are rated at a rating of BB or Ba and above b. The bonds have a lower default rate than bonds classified as junk. c. The bonds have a higher default rate than US Treasury Bonds. d. Investment grade bonds have a higher yield than U.S. Treasury Bonds. e. All of the above are properties of investment grade bonds. e Question 22 Answer saved Your cousin has hit dire financial straits and has come to you for a loan. As he is quite trustworthy, you decide to lend him the money. He offers to pay you $2,000 in three years for lending him $1.000 today. What interest rate are you receiving for lending the money? Points out of 1 Pflag question Select one a. Less than 10% b. Between 10% and 15% c. Between 15% and 20% d. Between 20% and 25% e. Greater than 25%