Which of the Following Statements Is FALSE

question 26

Multiple Choice

Which of the following statements is FALSE?

• A)When we refer to the "risk-free interest rate," we mean the rate on U.S.Treasuries.
• B)Interest rates vary with the investment horizon.
• C)All borrowers,besides the U.S.Treasury,have some risk of default.
• D)When interest on a loan is tax deductible,the effective after-tax interest rate is τ × (1 - r).

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Definitions:

Gametophyte

The haploid stage in the life cycle of plants and algae that produces gametes through mitosis for sexual reproduction.

Megasporangium

In a heterosporous plant, structure in which megaspores are produced. Megasporangia of seed plants are ovules that develop into seeds following fertilization. Compare with microsporangium.

Heterosporous

Referring to plants that produce two types of spores, microspores which develop into male gametophytes and megaspores which develop into female gametophytes.

Vascular Tissues

Specialized structures in plants that conduct water, nutrients, and sugars throughout the organism.