What kind of interest rate can you expect for the following? Choices are: a. hig

Question

What kind of interest rate can you expect for the following?

Choices are:
a. high rate of interest because it is risk free
b. low rate of interest because it is risk free
c. low rate of interest because it is risky
d. high rate of interest because it is risky

1. A 10-year $1000 government bond will have a _____________
2. A $20 pawnshop loan will have a _____________
3. A 30-year mortgage loan on a $175,000 house will have a ______________
4. A 24-month $12,000 commercial bank loan to finance the purchase of an automobile will have a ______________
5. A 60-day $100 loan from a personal finance company will have a _____________

Explanation / Answer

B C D B A

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