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QUESTION 12 Treasury Inflation Protected Securities (TIPS) o pay a variable interest rate that is indexed to inflation but maintain a constant principal O pay a fored interest rate for life. O provide a constant stream of income in real inflation-adjusted) dollars. o provide a constant stream of income in real (infation-adjustedly solars and have their principal adjusted in proportion to the Consumer Price Inder. have their principal adjusted in proportion to the Consumer Price Index QUESTION 13 A municipal bond is issued by? O US Government foreign frms state and local governments O corporations QUESTION 14 Which of the following are characteristics of preferred stock Dit pays its holder afored amount of income each year at the discretion of its managers yit gives its holder voting power in the firm. its dividends are usually cumulative M Failure to pay dividends may result in bankruptcy proceedings olland I OLI and IV O land in OLI and IV O Lill, and IV