Which of the Following Is a Characteristic of Corporate Bonds

question 24

Multiple Choice

Which of the following is a characteristic of corporate bonds?

• A) Rated on a scale from AAAA to FFFF
• B) Used to finance debt over a short period such as six months
• C) Issued as long-term debt securities
• D) Exempt from state tax in the state where the issuing company has its headquarters

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Definitions:

Burial Rites

The ceremonies and practices performed in a particular culture to honor and remember the dead during their burial.

Prearranging

Arranging funerals in advance of need. This process can include selecting merchandise, planning the service, determining the method of viewing and final disposition, and selecting persons to be involved in the funeral.

Prefunding

Legally committing money to pay for the funeral service.

Embalming

A process of preserving a deceased body to delay decomposition, typically involving the use of chemicals.