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3 . Which of the following securities will have the least reinvestment risk for a long - term investor? A . A 1 0 -

3. Which of the following securities will have the least reinvestment risk for a long-term investor?
A. A 10-year, zero-coupon bond.
B. A 6-month T-bill.
C. A 30-year, prepayable amortizing bond.
D. A 10-year, 4% debenture.

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