Assume the Bonds Below Have the Same Term and Principal

question 38

Multiple Choice

Assume the bonds below have the same term and principal and that the state or local government that issues the municipal bond has a good credit rating. Which list has bonds correctly ordered from the one that pays the highest interest rate to the one that pays the lowest interest rate?

• A)Corporate bond, municipal bond, U.S.government bond
• B)Corporate bond, U.S.government bond, municipal bond
• C)Municipal bond, U.S.government bond, corporate bond
• D)U.S.government bond, municipal bond, corporate bond

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Definitions:

Emotion

A complex psychological state that involves a subjective experience, a physiological response, and a behavioral or expressive response.

Cultures

The shared values, beliefs, behaviors, and artifacts making up a society's way of life, passed down from generation to generation.

Basic Emotions

Fundamental emotions that are universally recognized and experienced by humans, such as happiness, sadness, fear, disgust, anger, and surprise.

Hand Gestures

Movements of the hands and arms used to communicate ideas or emotions non-verbally.