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Which type of risk is most likely to lead to a loss of principal in the public funds context? a. Credit risk b. Reinvestment risk
Which type of risk is most likely to lead to a loss of principal in the public funds context?
a. Credit risk b. Reinvestment risk c. Interest rate risk
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
