Which of the following statements IS correct? ...
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Finance
Which of the following statements IS correct?
| The par value of a Treasury inflation-protected secutrity is established as $1,000 over the life of the bond. | ||
| If the inflation rate is 5%, the principal of a Treasury inflation protection security will be adjusted from $1,000 to $1,050 | ||
| Municipal bonds are most attractive to residents of states with low income tax rates | ||
| The biggest risk with foreign pay bonds issued by the German government is the risk of default. |
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