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8) Consols: A) promise to make periodic coupon payments forever. B) periodic interest payments and repay the principal at maturity. C) are perpetuities. D) Both

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8) Consols: A) promise to make periodic coupon payments forever. B) periodic interest payments and repay the principal at maturity. C) are perpetuities. D) Both A) \& C) are correct. 9) Fixed-payment loans: A) promise to make periodic coupon payments forever. B) promise to make a fixed number of equal payments at regular intervals. C) are perpetuities. D) None of the above are correct. 10) The supply of bonds rises when A) governments need to borrow more. B) deflation is expected. C) general business conditions worsen. D) All of the above are correct. 11) The demand for bonds rises when A) wealth increases. B) the expected return for bonds, relative to other investments, falls. C) bonds become more risky relative to other investments. D) Both A) \& C) are correct

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