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Which of the following is NOT a good proxy for the risk-free rate? A. Short-term rate plus risk premium B. Long-term rate minus 2% C.

Which of the following is NOT a good proxy for the risk-free rate?

A.

Short-term rate plus risk premium

B.

Long-term rate minus 2%

C.

Long-term rate with matching maturity

D.

T-bill rate

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