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Cynthia bought a T-bill believing it to be a risk-free asset. Which of the following risk is not associated with T-bills. Inflation risk Default risk

  1. Cynthia bought a T-bill believing it to be a risk-free asset. Which of the following risk is not associated with T-bills.
    1. Inflation risk
    2. Default risk
    3. Reinvestment risk
    4. All of these risks are associated with T-bills.

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