Other Things the Same, Corporate Bonds Generally Feature Higher Interest

question 191

True/False

Other things the same, corporate bonds generally feature higher interest rates than U.S. government bonds.

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Definitions:

Discharged Debts

Debts that have been forgiven or wiped out, typically through bankruptcy proceedings, relieving the debtor from further liability.

Legal Right

A benefit conferred upon a person by law, which can be protected and enforced by the legal system.

Consideration

Something of value exchanged between parties in a contract, required for the contract to be legally binding.

Contract Modification

Any change or alteration made to the terms of a contract, agreed upon by all parties involved.