Bonds issued by corporations that are exposed to default risk are called
1. A long-term contract under which a borrower agrees to make payments of interest and principal on specific dates is called a:
a. common stock.
b. preferred stock.
c. equity contract.
d. bond.
2. Bonds issued by corporations that are exposed to default risk are called:
a. Treasury bonds.
b. municipal bonds.
c. corporate bonds.
d. personal bonds.
3. are issued by the Federal government and have no default risk.
a. Treasury bonds
b. Municipal bonds
c. Corporate bonds
d. Personal bonds
4. are issued by state and local governments.
a. Treasury bonds
b. Municipal bonds
c. Corporate bonds
d. Personal bonds
1. A long-term contract under which a borrower agrees to make payments of interest and principal on specific dates is called a:
a. common stock.
b. preferred stock.
c. equity contract.
d. bond.
2. Bonds issued by corporations that are exposed to default risk are called:
a. Treasury bonds.
b. municipal bonds.
c. corporate bonds.
d. personal bonds.
3. are issued by the Federal government and have no default risk.
a. Treasury bonds
b. Municipal bonds
c. Corporate bonds
d. Personal bonds
4. are issued by state and local governments.
a. Treasury bonds
b. Municipal bonds
c. Corporate bonds
d. Personal bonds
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