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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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