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The Least Conservative Investments Are Low-Quality Common Stocks

Question 94

Multiple Choice

The least conservative investments are low-quality common stocks. In decreasing order of aggressiveness, the next two investments are


A) medium-quality preferred stock and high-grade corporate bonds.
B) commercial paper and lower-quality common stocks.
C) junk bonds and medium-quality preferred stocks.
D) commercial paper and medium-quality preferred stocks.
E) junk bonds and high-quality cyclical common stocks.

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