Fix the wrong word in each line

Exercise and reference answers

Questions

1. Statement parts

   1. Junk bonds
   2. carry
   3. lower
   4. risk
   5. than prime bonds

   Correction

   higher

   Incorrect part

   lower

2. Statement parts

   1. Revenue bonds
   2. are
   3. safer
   4. than
   5. general obligation bonds

   Correction

   riskier

   Incorrect part

   safer

3. Statement parts

   1. Preferred dividends
   2. are
   3. paid
   4. after
   5. common dividends

   Correction

   before

   Incorrect part

   after

4. Statement parts

   1. Interest
   2. on
   3. municipal bonds
   4. is
   5. taxed federally

   Correction

   exempt from federal tax

   Incorrect part

   taxed federally

Instructions

Tap the single word in each line that makes the claim false.

Explanation