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Assume that you have a short investment horizon (less than 1 year). You are considering 2 investments: a 1-year Treasury security and a 20-year Treasury
Assume that you have a short investment horizon (less than 1 year). You are considering 2 investments: a 1-year Treasury security and a 20-year Treasury security. Which of the two investments would you view as being riskier? Explain.
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