Personal Investment Guide

a. Less attractive
b. More attractive
c. Less expensive
d. More expensive
2. As interest rate falls in recession, the bond prices are likely to___________.
a. Decrease
b. Increase
c. Be stable
d. Fluctuate
3. There is no guarantee that a bond issuer will make the promised payments is
known as the:
a. Default risk
b. Inflation risk
c. Interest rate risk
d. Systematic risk
4. The greater the inflation [...]