For the Period 1926-2012,long-Term Government Bonds Had an Average Return

question 27

Multiple Choice

For the period 1926-2012,long-term government bonds had an average return that ______ the average return on long-term corporate bonds while having a standard deviation that _______ the standard deviation of the long-term corporate bonds.

• A)exceeded; was less than
• B)exceeded; equaled
• C)exceeded; exceeded
• D)was less than; exceeded
• E)was less than; was less than

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Definitions:

Special Circumstances

Situations that are exceptional, and may require different treatment or exceptions to standard rules or policies.

Incidental Beneficiary

A third party for whose benefit a contract was not made but who would substantially benefit if the agreement were performed according to its terms and conditions.

Enforceable Legal Rights

are rights granted by the law that can be brought before a court for protection or enforcement.

Donee Beneficiary

A third-party beneficiary for whom a contract is intentionally made to benefit as a gift.