Which of the following statements about indexed bonds is correct?
A)They were relatively recently introduced in the United States.
B)They exist in England.
C)They have a nominal interest rate that rises when the inflation rate rises.
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

Indexed bonds were relatively recently introduced in the United States, but they have existed in England for several decades. Indexed bonds have a nominal interest rate that rises when the inflation rate rises, making them a popular choice for investors who want to protect themselves against inflation.

Which of the Following Statements About Indexed Bonds Is Correct