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Question
The risks that cause uncertainty about the return over some investment horizon are:a. The uncertainty about the price of a bond at the end of the investment horizon.
b. The uncertainty about the rate at which the proceeds from a bond that matures prior to the maturity date can be reinvested until the maturity date.
c. The uncertainty about the movement of equity prices relative to debt instruments.
d. a and b only.
e. All of the above.
Answer
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