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Which of the following statements about Capital Appreciation Bonds (CAB's) is correct? Question 40 options: a) CAB's are low-yield loans, meaning that they represent a
Which of the following statements about Capital Appreciation Bonds (CAB's) is correct? Question 40 options: a) CAB's are low-yield loans, meaning that they represent a good source of short term revenue for government borrowers. b) CAB's are the primary source for government borrowers to make large-scale capital expenditures. c) Despite the debt amounts, the government borrowers usually maintain clear accounting of the total debt amount on their balance sheets. d) CAB's are often the only way that government borrowers experiencing rapid, short-term growth can fund timely expansion. e) CAB's are primarily short term in nature, requiring large payments government borrowers
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