Government bonds are not necessarily free from default risk. Which of the following examples were mentioned in the lecture? A. India and Brazil B. Australia and China C. United States and Russia D. None of the above
Question
Government bonds are not necessarily free from default risk. Which of the following examples were mentioned in the lecture? A. India and Brazil B. Australia and China C. United States and Russia D. None of the above
Solution
As an AI, I don't have access to the specific lecture you're referring to. However, historically, there have been instances where governments have defaulted on their bonds. For example, Russia defaulted on its domestic debt in 1998 which led to a financial crisis. Therefore, based on historical context, the answer could be C. United States and Russia. However, without specific context from your lecture, I can't provide a definitive answer. I would recommend reviewing your lecture notes or materials for the specific examples mentioned.
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