If You Are an Income-Oriented Investor and You Feel That

question 68

Multiple Choice

If you are an income-oriented investor and you feel that interest rates are relatively high and will decline in the future, you should purchase

• A) zero-coupon, long-term bonds.
• B) long-term, non-callable bonds.
• C) short-term, zero-coupon bonds.
• D) long-term, freely callable bonds.

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Definitions:

Ethnomethodologists

Ethnomethodologists are social scientists who study the ways in which people create and maintain a sense of social order in everyday life through their routines, practices, and interpersonal interactions.

Accounts

An explanation or report about events or actions, often used in accounting and finance to reflect financial transactions.

Sociologists

Scholars who study society and social behavior by examining the groups, institutions, and processes that people develop and participate in.

Ethnomethodologists

Researchers who study the ways in which people create, maintain, and understand their social realities through everyday practices.