A Bond Ladder _________________

question 72

Multiple Choice

A bond ladder _________________.

• A) Helps reduce the risk of interest rates changes by spacing out the maturities
• B) Refers to monthly contributions into a bond mutual fund
• C) Guarantees that you will always get the best interest rates on the bonds you invest in
• D) Is a strategy that helps you achieve your financial goals by "climbing the ladder"

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Definitions:

Sporophyte

The diploid multicellular stage in the life cycle of a plant or alga that produces spores through meiosis.

Gametophyte

The sexual phase in the life cycle of plants and algae that produces gametes, or sex cells, by mitosis.

Alternation of Generations

A reproductive cycle of certain plants and algae that alternates between a sexual phase (gametophyte) and an asexual phase (sporophyte).

Sporophyte

The diploid, spore-producing phase in the life cycle of plants that undergo alternation of generations.