What is the promised interest rate

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Access the website of any major U.S. bank and find information about bonds (US Treasury bonds, municipal bonds, corporate bonds, international bonds, etc). These are some of the major banks: Bank of America, Citibank, Chase, Wells Fargo, etc.

Imagine that you had $100,000 to invest. Choose the type of bond that you think is the best one for you (which depends on your level of risk and alternative investment options like using the money to buy a house).

QUESTION: What is that type of bond that you prefer? What is the promised interest rate? Would you consider investing in it if you are given an extra $1 million? Why or Why not?

Reference no: EM131567482

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