Multiple Choice
(I) In most years,the rate of return on short-term Treasury bills is below that on the 20-year Treasury bond.
(II) Interest rates on Treasury bills are more volatile than rates on long-term Treasury securities.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
Correct Answer:

Verified
Correct Answer:
Verified
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