Which of the following is the best description of the risks of corporate bonds?
a. the firm declines to pay dividends
b. both bankruptcy and higher market interest rates
c. only bankruptcy
d. lower market interest rates
e. both the firm declines to pay dividends and higher market interest rates
B
Economics
You might also like to view...
A profit-maximizing monopolist will produce at the point where:
a. total revenue = total costs. b. marginal revenue = marginal cost. c. average revenue = average cost. d. the difference between average revenue and average cost is maximized.
Economics
In the years immediately following the Civil War (1861–1865), a "unique" pattern of social and economic life formed in the South. It included:
(a) High productivity (b) An increase in wealth among all groups (c) Social advancement among former slaves and whites (d) Racism
Economics