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Insurance companies invest in the long-end of the securities market by purchasing securities with longer maturities. In which of the following instruments would an insurance

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Insurance companies invest in the "long-end" of the securities market by purchasing securities with longer maturities. In which of the following instruments would an insurance company be least likely to invest most of its assets? Select one: a. Commercial paper b. Corporate bonds c. Mortgages d. Corporate stocks

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