What Is the Most Important Difference Between a Corporate Bond

question 21

Multiple Choice

What is the most important difference between a corporate bond and an equivalent U.S. Treasury bond?

• A)Corporate cash flow is relatively smooth, whereas U.S. government revenue is more variable.
• B)Corporate bonds are traded on the floor of the New York Stock Exchange, and Treasury bonds trade in the over-the-counter market.
• C)In the case of corporate bonds, firms have sometimes defaulted, whereas the U.S. government has not.
• D)The beta of corporate bonds is usually less than the beta of a U.S. Treasury bond.

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Definitions:

Indwelling Urinary Catheter

A medical device inserted into the bladder through the urethra to allow for continuous, direct urinary drainage for those unable to independently void.

Nursing Assistive Personnel

Healthcare workers who provide basic patient care under the supervision of nursing staff, often assisting with activities of daily living.

Continuous Bladder Irrigation

A medical procedure involving the constant flow of saline into the bladder, typically used after certain types of urological surgery to keep the bladder clear.

Stress Incontinence

The involuntary loss of urine due to pressure or sudden muscle contractions on the bladder, often triggered by physical activity or coughing.