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Among the following financial instruments, which one has the highest expected return? (Hint: which one is most risky if you buy that financial instrument) 1.
Among the following financial instruments, which one has the highest expected return? (Hint: which one is most risky if you buy that financial instrument)
1. | T-bill | |
2. | Bond | |
3. | Prefered stock | |
4. | Stock | |
5. | T-note |
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