Multiple Choice
The primary reason that individuals and firms choose to borrow long-term is to reduce the risk that interest rates will ________ before they pay off their debt.
A) rise
B) fall
C) become more volatile
D) become more stable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: Most of the time,the interest rate on
Q30: (I)Firms and individuals use the capital markets
Q31: What role do restrictive covenants play in
Q32: (I)The primary issuers of capital market securities
Q33: What is a convertible bond? How does
Q35: Governments never issue stock because<br>A) they cannot
Q36: Which of the following statements about Treasury
Q37: (I)The primary issuers of capital market securities
Q38: The current yield on a $5,000,8 percent
Q39: To sell an old bond when interest