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An investor would like to restrict his interest rate risk/maturity risk and his default risk, but he wants to invest in corporate bonds. Which option

An investor would like to restrict his interest rate risk/maturity risk and his default risk, but he wants to invest in corporate bonds. Which option should he invest in?

a. AAA bonds with 20 years to maturity

b. BBB bonds with 30 years to maturity

c. AAA bonds with 30 years to maturity

d. BBB bonds with 20 years to maturity

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