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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