The higher the bond rating of a corporation, the higher the interest rate that is likely to be paid. (True/False)

Select one:

True

False

Municipal bonds normally pay

a.

Higher rates than taxable bonds

b.

Lower rates than taxable bonds

c.

The same rate as taxable bonds

d.

None of the above

Junk bonds normally provide

a.

A higher yield than treasury bonds

b.

A lower yield than treasury bonds

c.

A lower yield than AA corporate bonds

d.

More than one of the above is true