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    Principles of Economics Study Set 8
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    Exam 26: Saving, Investment, and the Financial System
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    On Which of These Bonds Is the Prospect of Default
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On Which of These Bonds Is the Prospect of Default

Question 119

Question 119

Multiple Choice

On which of these bonds is the prospect of default most likely?


A) A junk bond
B) A municipal bond
C) A U.S.government bond
D) A corporate bond issued by Proctor & Gamble Corporation

Correct Answer:

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