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Demand Characteristics Refers to the Tendency of Respondents to Move

question 10

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Demand characteristics refers to the tendency of respondents to move forward and report as having occurred events that actually occurred before the reference period.


Definitions:

Junk Bonds

High-yield but high-risk bonds issued by companies or entities with lower credit ratings, indicating a higher risk of default.

Zero Coupon Bonds

Pay no coupons at all, but are offered at a substantial discount below their par value and hence provide capital appreciation rather than interest income. Sometimes referred to as “stripped bonds.”

Callable Bond

A bond that can be redeemed by the issuer before its maturity date at a specified call price.

Income Bonds

Bonds that pay interest only when the issuer has sufficient earnings, providing a variable income stream based on the issuer's profitability.

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