For each of the following pairs, which bond would you expect to pay a higher interest
Chapter 26, Problem Problems and Applications 26.1(choose chapter or problem)
For each of the following pairs, which bond would you expect to pay a higher interest rate? Explain. a. a bond of the U.S. government or a bond of an East European government b. a bond that repays the principal in year 2015 or a bond that repays the principal in year 2040 c. a bond from Coca-Cola or a bond from a software company you run in your garage d. a bond issued by the federal government or a bond issued by New York State
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