Assume you invest in a portfolio of long-term corporate bonds. Based on the period 1926-2016, what average annual rate of return should you expect to earn?
A) Less than 5 percent
B) Between 5 and 6 percent
C) Between 6 and 7 percent
D) Between 7 and 8 percent
E) More than 8 percent
Correct Answer:
Verified
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