On Which of These Bonds Is the Prospect of Default

question 173

Multiple Choice

On which of these bonds is the prospect of default least likely?

• A)a junk bond
• B)a bond issued by the state of Arizona
• C)a bond issued by the federal government
• D)a bond issued by General Electric Corporation

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Definitions:

Lent And Brown

Refers to scholars who contributed to the Social Cognitive Career Theory, focusing on how personal beliefs and social factors influence career decisions and development.

Decisional Balance Sheet

A tool used in cognitive therapy and decision-making that lists the pros and cons of different choices to help evaluate options objectively.

Positive Consequences

These are favorable outcomes or results that occur as a direct result of a particular action or set of actions.

Negative Consequences

Undesirable outcomes or effects that result from an action or decision.