Essay
For each of the following assets,discuss all of the essential aspects of return,risk,and other factors,such as marketability,that investors should consider before the asset:
a. three-month T-bills
b. a 20-year, 8% coupon corporate bond selling for 65 (don't calculate the yield to maturity)
c. municipal bonds
d. a house in the suburbs
e. a 20-year, 15% mortgage on a house in the suburbs (i.e, you would be the lender)
f. U.S. Treasury 10 5/8s of 2015
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a.T-bills are short term securities issu...View Answer
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