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Exchange traded funds Are exactly the same as index mutual funds Can be bought and sold like common stocks Can be sold short. B and

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Exchange traded funds Are exactly the same as index mutual funds Can be bought and sold like common stocks Can be sold short. B and C Callable bonds Are called when there is a considerable decrease in interest rates. Have a call price that declines with the passage of time. Are called when there is a considerable increase in interest rates. A and B. You are extremely risk averse and would like to invest. However, you are unwilling to lose any of the principal amount. Which investment should you choose? STRIPS High Yield Corporate Bonds Municipal Bonds Treasury Bills The bonds of Q-Corporation have a 9.5% APR coupon and pay interest semiannually. Currently, the bonds are priced at $1, 063.15. The company issued this 20-year bond eight years ago. What is the yield to maturity (YTM)

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