Increases in the Basic Cost of Long-Term Funds or in Risk

question 37

True/False

Increases in the basic cost of long-term funds or in risk will raise the required return on a bond.

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Definitions:

But For Test

A legal standard used to determine causation, examining whether an event would have occurred 'but for' the conduct of the defendant.

Licensee

A person on property with permission but for his own purpose.

Invitee

A person coming on a property for a business purpose.

Trespasser

A trespasser is someone who enters or remains on property without the permission of the owner or lawful authority.