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Jillian Has Purchased AAA Rated Corporate Bonds That Will Mature

Question 63

Multiple Choice

Jillian has purchased AAA rated corporate bonds that will mature in 20 years . She plans to sell the bonds in 10 years as she approaches retirement age. The most significant risk she faces is


A) liquidity risk.
B) default risk.
C) maturity risk.
D) None of the above, the bonds are essentially risk-free.

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