Which of the following has the least interest rate risk?

Which of the following has the least interest rate risk?

Which of the following has the least interest rate risk? a. A six-month unsecuredpromissory note from International Harvester b. An eight-year investmentcertificate from a federally insured bank c. A 15-year U.S. Treasurybond d. An AT&T bond maturingin 2010 Interest rate risk is the possibility that rateswill change.


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