Bob Expects to Retire in a Few Years and His

question 66

Multiple Choice

Bob expects to retire in a few years and his primary goal is to avoid major losses. Which of the following bond characteristics should he be seeking?
I. Long maturities.
II. High ratings.
III. High yields.
IV. Short maturities.

• A) I and III only.
• B) I, III, and III only.
• C) II and IV only.
• D) II, III, and IV only.

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