Other entity equal, which bond would you expect to recompense the unmatched interest rate ?

a. a bond issued by the U.S. government.
b. a bond issued by IBM.
c. a bond issued by New York State.
d. a bond issued by a new restaurant cuff.

Answers:    d. a junk bond, which is what it is

explanation: a is a treasury, b is a corporate or commercial paper, c is a municipal

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