PepsiCo uses 30-year Treasury bonds to measure the risk-free rate because:
A.these bonds are essentially free of business risk.
B.they capture the long-term inflation expectations of investors associated with investments in long-term assets.
C.these bonds are essentially free of interest rate risk.
D.none of the above.
PepsiCo uses 30-year Treasury bonds to measure the risk-free rate because: <