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Most bonds pay coupon interest A. monthly B. quarterly C. semi-annually D. annually E. none of the above The largest category of federal budget outlays

Most bonds pay coupon interest

A.

monthly

B.

quarterly

C.

semi-annually

D.

annually

E.

none of the above

The largest category of federal budget outlays is from

A.

national defense

B.

Medicare and social security

C.

Interest on the federal debt

D.

international affairs

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