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Which of the following is true? a . If the nominal return is constant, the real return increases as the inflation increases. b . In

Which of the following is true? a. If the nominal return is constant, the real return increases as the inflation increases. b. In weak economy, junk bonds require lower risk premiums than in strong economic periods. c. variable-rate bonds are desirable to investors who expect that interest rates will rise d. STRIPS are the bonds that are transferred into interest-only securities.

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