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Which of the following is TRUE of the risk premium? The return offered on T-bills is a common proxy for the risk-free rate. The higher-rated

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Which of the following is TRUE of the risk premium? The return offered on T-bills is a common proxy for the risk-free rate. The higher-rated corporate issues have a higher risk premium than that of the lower otud conperthe couves. Government bonds have a higher risk premium compared with corponte bonds. Junk bonds have a lower risk premium investment-grade bonds

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