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NEW QUESTION: 1
Which of the following is true about treasury bonds?
A. are totally risk-free.
B. have no interest-rate risk.
C. have no prepayment risk.
D. have no default risk.
Answer: D
Explanation:
Treasury bonds have no default risk. They do have interest-rate risk; their prices will fall with
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NEW QUESTION: 2
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NEW QUESTION: 3
A. Option C
B. Option A
C. Option E
D. Option B
E. Option D
Answer: A