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Historical data on rates of return indicate that: T-bills and T- bonds yield about the same rate of return on average. On average T-bonds yield

Historical data on rates of return indicate that:

T-bills and T- bonds yield about the same rate of return on average.

On average T-bonds yield higher rates of return than T-bills.

On average T-bills yield higher rates of return than T-bonds.

T-bills have a higher standard deviation of returns compared to T-bonds.

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