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Your uncle would like to limit his interest rate risk and his default risk, but he would still like to invest in 3M corporate assets.
Your uncle would like to limit his interest rate risk and his default risk, but he would still like to invest in 3M corporate assets. Which of the assets listed below issued by 3M best satisfies your uncle's criteria?
Group of answer choices
Common stock 3M
Preferred stock from 3M
AAA bond with 12 years to maturity
AAA bond with 5 years to maturity
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