Which Bond Is Most Likely to Default

question 160

Multiple Choice

Which bond is most likely to default?

• A) a junk bond
• B) a municipal bond
• C) a provincial government bond
• D) a bond issued by the Canadian Housing Trust

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Definitions:

TSH

Thyroid Stimulating Hormone, a pituitary gland hormone that regulates the production of hormones by the thyroid gland.

Red Pulp

A tissue in the spleen that filters unwanted materials from the blood and helps in the immune response.

White Pulp

Spherical areas within the spleen composed mainly of immune cells and involved in producing an immune response.

Follicle

A small secretory cavity or gland, though often referring to the structure in the ovary that releases an egg.