Which of the Following Is True of Sovereign Bonds

question 69

Multiple Choice

Which of the following is true of sovereign bonds?

• A)They are bonds backed by collateral.
• B)Brady bonds are replacing them because of their higher interest rates.
• C)Their benefit is the "savings" from not having to pledge U.S.Treasury bonds as collateral.
• D)Their value partly reflects the value of collateral underlying the principal and/or interest on the issue.

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Definitions:

Medical Name

The formal or scientific name given to a medical condition, organism, or anatomical structure.

Anemia

A condition characterized by a deficiency of red blood cells or hemoglobin in the blood, resulting in pallor and weariness.

Fasting

Abstaining from all or some kinds of food or drink for a specific period of time, often for health or religious reasons.

Liver Panel

A series of blood tests used to assess liver function and detect liver disease by measuring enzymes, proteins, and substances in the blood.