Mason recently bought a $10,000 government bond with a 3.5 percent interest rate. For the first two
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Mason recently bought a $10,000 government bond with a 3.5 percent interest rate. For the first two years, his semiannual interest payments were $175, $175, $200, and $200. What kind of government bond would Mason most likely have purchased?
a. Treasury bill
b. Treasury note
c. TIPS
d. Treasury bond
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Related Book For
Better Business
ISBN: 9780134522746
5th Edition
Authors: Michael Solomon, Mary Poatsy, Kendall Martin
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