The US Government Just Announced an Increase in the Interest Rate

question 16

True/False

The U.S. government just announced an increase in the interest rate paid on U.S. government bonds. This will likely cause a decrease in the interest rates paid on corporate bonds.

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Definitions:

Fixed Date

A specific, agreed-upon date by which an event must occur or an action must be taken.

Time Readily Ascertainable

A term referring to a time period that can be easily and quickly determined or identified without significant delay or investigation.

Negotiable

Referring to a legal document or instrument that is transferable from one party to another in good faith and for value, with the holder then having the right to execute it.

Contractual Specifications

Detailed requirements outlined in a contract regarding the quality, dimensions, and other characteristics of the work to be done or goods to be supplied.