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    Financial Markets and Institutions Study Set 3
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    Exam 3: Structure of Interest Rates
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    Default Risk Is Likely to Be Highest for
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Default Risk Is Likely to Be Highest for

Question 4

Question 4

Multiple Choice

Default risk is likely to be highest for


A) short-term Treasury securities.
B) AAA corporate securities.
C) long-term Treasury securities.
D) BBB corporate securities.

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