You recently bought a ($10,000) government bond with a 3.5 percent interest rate. For the first two
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You recently bought a \($10,000\) government bond with a 3.5 percent interest rate. For the first two years, your semiannual interest payments were \($175,\) \($175,\) \($200,\) and \($200.\) What kind of government bond would you most likely have purchased?
a. Treasury bill
b. Treasury note
c. TIPS
d. Treasury bond
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Better Business
ISBN: 9780136679745
6th Edition
Authors: Michael R. Solomon, Mary Anne Poatsy, Kendall Martin
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