Which One of the Following Generally Applies to Municipal Bonds

question 112

Multiple Choice

Which one of the following generally applies to municipal bonds?

• A) noncallable
• B) risk-free
• C) high credit rating
• D) zero coupon
• E) par value of $1,000

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Definitions:

Equilibrium Constant

A numerical value that represents the ratio of the concentrations of products to reactants at equilibrium in a chemical reaction.

Products

Substances that are formed as the result of a chemical reaction, located on the right side of a chemical equation.

Reactants

Compounds available at the start of a chemical reaction, which are utilized to form the final products.

Equilibrium Constant

A numerical value that represents the ratio of concentrations of products to reactants at equilibrium in a chemical reaction.