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You want to invest in corporate bonds but also want to restrict your interest rate risk and default risk associated with such an investment. Which
You want to invest in corporate bonds but also want to restrict your interest rate risk and default risk associated with such an investment. Which of the following best meet your investment criteria?
a. Aaa bond with 10 years to maturity.,
b. Baa bond with 10 years to maturity.,
c. Baa bond with 5 years to maturity.,
d. Aaa bond with 5 years to maturity.
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