The most conservative investments are government savings bonds and bank GICs. In decreasing order of conservativeness, the next two investments are
A) medium-quality preferred stock and high-grade corporate bonds.
B) commercial paper and lower-quality common stocks.
C) high-grade corporate bonds and commercial paper.
D) commercial paper and medium-quality preferred stocks.
E) junk bonds and high-grade corporate bonds.
Correct Answer:
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