Which of the following statement concerning Treasury bonds is true?
A) They are priced and sold at auction.
B) Interest accumulates and is paid out at maturity.
C) They are more risky than comparable maturity private bonds.
D) They have higher rates than comparable municipal bonds.
A
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A common feature of an adjustable rate mortgage (ARM) is
A) the interest rate is fixed for a maximum of five years B) there is negative amortization if rates decrease C) a rate cap on the amount the rate may increase D) automatic conversion to a fixed-rate loan
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Writing in terms of your audience's interests and preferences is an example of what?
A) Good etiquette B) "You" attitude C) Reflective writing D) Bias-free language E) Credibility
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