Variable Interest Rate Bonds

question 1

Multiple Choice

Variable interest rate bonds

• A)do not mature
• B)are an example of a discount bond
• C)have fluctuating coupons
• D)are nonmarketable securities

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Definitions:

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A product that one individual can consume without reducing its availability to another individual and from which no one is excluded.

Private Good

A product or service that is excludable and rivalrous, meaning its consumption by one individual prevents others from consuming it.

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