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Among the following four investment instruments, which one do you think must have realized the highest annual average return so far? Briefly explain why you

Among the following four investment instruments, which one do you think must have realized the highest annual average return so far? Briefly explain why you think so by relating to the key concept we learned in this chapter.

(1) 10-year maturity U.S. Treasury bond

(2) S&P 500 Index

(3) Netflix stock

(4) Walmart stock

(5) Apple 10-year-maturity bond

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