Given that short-term interest rates typically fluctuate more than - 1474

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Given that short-term interest rates typically fluctuate more than long-term rates, interest rate risk is least for:

          a.   Treasury bills.

          b.   common stock.

          c.   long-term government bonds.

          d.   medium-term corporate bonds.

Solution Description

Given that short-term interest rates typically fluctuate more than long-term rates, interest rate risk is least for: