If You Expected Interest Rates to Fall,you Would Prefer to Own

question 62

Multiple Choice

If you expected interest rates to fall,you would prefer to own bonds with

• A) short maturities and low coupons.
• B) long maturities and high coupons .
• C) long maturities and low coupons.
• D) short maturities and high coupons.
• E) none of the above.

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Definitions:

Authorization Cards

Authorization cards are signed by employees to indicate their desire for a labor union to represent them; these cards can trigger a formal representation election if a sufficient percentage of workers sign.

NLRB

The National Labor Relations Board, a U.S. government agency that enforces US labor law in relation to collective bargaining and unfair labor practices.

Petition

A formal written request, typically signed by multiple individuals, appealing to authority with respect to a particular cause.

Election

The formal process of selecting a candidate for office or deciding on a proposal by casting ballots.