Which of the following statements about Treasury inflation-indexed bonds is not true?
A) The principal amount used to compute the interest payment varies with the consumer price index.
B) The interest payment rises when inflation occurs.
C) The interest rate rises when inflation occurs.
D) At maturity, the securities pay the greater of face value or inflation-adjusted principal.
A
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Ratification by an employer may be implied where the employer:
A. learns of the important facts and fails to disavow them within a reasonable period B. is better able to bear any loss than the third party C. fails to monitor all employees to ensure they are not acting without authority. D. disavows the employee's acts but does not fire the employee.
________ are the per-unit costs of production that will fluctuate depending on how many units or individual products a firm produces
A) Fixed costs B) Variable costs C) Average fixed costs D) Marginal costs E) Everyday costs