$1.00 (one dollar) invested in a portfolio of 90-day U.S.Treasury bills in 1925 would have grown to a value in excess of ________ by 2011 assuming that all cash flows had been reinvested in the portfolio.(Choose the answer closest to the research provided dollar amount.)
A) $1.00
B) $10.00
C) $100.00
D) $1,000.00
Correct Answer:
Verified
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