If You Are an Income-Oriented Investor and You Feel That

question 68

Multiple Choice

If you are an income-oriented investor and you feel that interest rates are relatively high and will decline in the future, you should purchase

• A) zero-coupon, long-term bonds.
• B) long-term, non-callable bonds.
• C) short-term, zero-coupon bonds.
• D) long-term, freely callable bonds.

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Definitions:

Charming

Possessing a delightful or alluring quality capable of attracting or enchanting others.

Long-Term Committed

Pertains to relationships or engagements that are intended to last a considerable amount of time, demonstrating dedication and loyalty.

Storge Love

A type of love based on deep affection and friendship, typically found in family relationships.

Carefree

Describes a state of not having worries, stress, or responsibilities.