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Default risk is likely to be highest for: a. a 10-year US Treasury Bond purchased in the primary market. b. general obligation municipal bonds. c.

Default risk is likely to be highest for:

a.

a 10-year US Treasury Bond purchased in the primary market.

b.

general obligation municipal bonds.

c.

a 30-year US Treasury Bond purchased in the secondary market.

d.

high-yield bonds issued by a US corporation.

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