Which of the Following Assets Has the Lowest Information Costs

question 22

Multiple Choice

Which of the following assets has the lowest information costs?

• A)A U.S. Treasury bond
• B)A bond issued by the city of Smallplace, South Dakota
• C)A bond issued by General Motors
• D)A share of stock issued by General Motors

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Definitions:

Seawater

The salty water that fills the oceans and seas, composed of a complex mixture of dissolved minerals and organic compounds.

Chert Formation

The process by which chert, a hard, sedimentary rock composed primarily of silicon dioxide, is formed, typically from the accumulation of silica from biological sources or chemical precipitation.

Silica-rich Organisms

Organisms, such as certain diatoms and sponges, that have skeletons made predominantly of silica (SiO2) compounds.

Seawater

The salty water that fills the oceans and seas, covering most of the Earth's surface.