Multiple Choice
Which of the following is correct?
A) Lenders sell bonds and borrowers buy them.
B) Long-term bonds usually pay a lower interest rate than do short-term bonds because long-term bonds are riskier.
C) The term junk bonds refers to bonds that have been resold many times.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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