LIRA conversion options are different from the RRSP conversion options because, unlike an RRSP, a LIRA O A. cannot be converted to a life annuity. O B. can be bought and sold. OC. is restricted to certain income groups OD. is required to provide an income for life. Municipal bonds are O A. short-term debt securities issued by federal government agencies. OB. short-term debt securities issued by provincial government agencies. OC. long-term debt securities issued by provincial government agencies. OD. long-term debt securities issued by local government agencies. When economic conditions are weak, O A. default on all bonds is possible. OB. Government of Canada bonds can be a good thing to purchase. OC. bonds with a low degree of default risk are most susceptible to default. D. bonds are rarely issued that have high degrees of default risk