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12. Which of the following assets likely has the highest level of risk? A) Long-term corporate bonds. B) US Treasury bills. C) World stock portfolio.

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12. Which of the following assets likely has the highest level of risk? A) Long-term corporate bonds. B) US Treasury bills. C) World stock portfolio. D) Common stock of the largest companies in the United States. E) Common stock of the smallest companies listed on NYSE

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