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Investors buy long-term debt and fixed-income securities because? A. They usually produce tax-free income. B. They produce higher returns than short-term debts. C. They are

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Investors buy long-term debt and fixed-income securities because? A. They usually produce tax-free income. B. They produce higher returns than short-term debts. C. They are less risky than ordinary shares. D. All of the above is true. A. B. C. D

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