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6. High yield bonds are low grade bonds with high risk. What is the common term used for high yield bonds, and what is meant

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6. High yield bonds are low grade bonds with high risk. What is the common term used for high yield bonds, and what is meant by high risk? Explain. (3 points) 7. What is the difference between a T-bill, a Treasury note, and a Treasury bond? (3 points) 8. What are the three types of investment goals and objectives of mutual funds? (3 points) 9. What is a municipal bond? AND, Give two characteristics of a municipal bond as compared to a corporate bond. (3 points) 10. Why is manager tenure a key factor to be considered in selecting a mutual fund? Explain. (2 points)

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