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Based on the Period of 1926 Through 2017,U

Question 2

Multiple Choice

Based on the period of 1926 through 2017,U.S.Treasury bills have produced annual rates of return that:


A) ranged from −1 percent to +15 percent.
B) ranged from −1 percent to +5 percent.
C) were negative only during the Great Depression.
D) have always been positive.
E) never exceeded 6 percent.

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