Most Investors Believed That Congress Would Never Allow Fannie Mae

Multiple Choice

Most investors believed that Congress would never allow Fannie Mae and Freddie Mac to fail,which enabled Fannie and Freddie to sell bonds with

A) high interest rates because investors saw the bonds as having very low default risk.
B) low interest rates because investors saw the bonds as having very low default risk.
C) high interest rates because investors saw the bonds as having zero default risk.
D) low interest rates because investors saw the bonds as having very high default risk.