Which of the following has the least interest rate risk? - 3825

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Which of the following has the least interest rate risk?

a.A six-month unsecured promissory note from International Harvester

b.An eight-year investment certificate from a federally insured bank

c.A 15-year U.S. Treasury bond

d.An AT&T bond maturing in 2010

 

 
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Which of the following has the least interest rate risk?