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:

Sympatric Speciation

The process of speciation that occurs when populations of a species that share the same habitat diverge into separate species without physical separation.

Cichlid Fishes

A diverse group of fish known for their interesting behaviors, including their complex mating rituals and parental care.

Geological Strata

Layers of sedimentary rock or soil with internally consistent characteristics that distinguish them from adjacent layers.

Primitive

Referring to the early and undeveloped stage in the evolution of something.