Your Uncle Mike Is Approaching Retirement and He Asks for Your

Multiple Choice

Your Uncle Mike is approaching retirement and he asks for your advice for a safe place to invest several thousand dollars. He wants to receive some kind of payment each year for investing his money without a great deal of risk. You explain

A) Yankee bonds are certain not to default.
B) common stock always pays quarterly dividends.
C) junk bonds do not pay annual interest.
D) treasury and top-grade corporate bonds pay interest two times each year.