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Therese Prefers Corporate Bonds as an Investment Option Because Investors

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Therese prefers corporate bonds as an investment option because investors always receive the face value of the bond whenever it is sold.


Definitions:

Norm

A standard or pattern of social behavior that is typical or expected within a particular group or culture.

Homophily

The tendency of individuals to associate and bond with others who are similar to themselves in characteristics such as beliefs, values, and socioeconomic status.

Cascading

The process by which information, policies, or strategies are passed down through various levels of an organization or system.

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