As your elderly Uncle Bill approaches retirement, he asks for your advice for a safe place to invest several thousand dollars. He wants to receive some kind of payment each year for investing his money without a great deal of risk. You explain:
A) Yankee bonds are certain not to default.
B) common stock always pays quarterly dividends.
C) junk bonds do not pay annual interest.
D) treasury and top-grade corporate bonds pay interest two times each year.
Correct Answer:
Verified
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