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At a Recent Seminar You Stated That the Yield on a Xerox

Question 34

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At a recent seminar you stated that the yield on a Xerox corporate bond was 9.2 percent whereas the yield on the Chrysler stock was 3.6 percent. An attendee has concluded from this statement that the Xerox bond is a far better investment than the Chrysler stock. How do you respond to this conclusion?

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Stocks and bonds are two different types...

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