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1.) Impact of September 11: Palos Co. commonly invests some of its excess dollars in foreign government short-term securities in order to earn a higher

1.) Impact of September 11: Palos Co. commonly invests some of its excess dollars in foreign government short-term securities in order to earn a higher short-term interest rate on its cash. Describe how the potential return and risk of this strategy may have changed after the September 11, 2001, terrorist attack on the United States.

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