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19) Which of the following securities will likely have the highest default risk premium? a. U.S. Treasury Bill b. Bbb-rated corporate bond maturing in 2020

19) Which of the following securities will likely have the highest default risk premium? a. U.S. Treasury Bill b. Bbb-rated corporate bond maturing in 2020 actively traded on a major exchange c. Aaa-rated corporate bond maturing in 2015 not actively traded d. U.S. Treasury Bond maturing in 2027

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