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Use the table for the question(s) below.
Consider the following expected returns,volatilities,and correlations:
-The volatility of a portfolio that is equally invested in Wal-Mart and Duke Energy is closest to:
Mortgage Bonds
Bonds secured by the pledge of specific assets, usually real estate properties, as collateral for the debt.
Yield to Maturity
The total return expected on a bond if held until its maturity date.
Reinvestment Rate Risk
The risk that future cash flows from an investment will have to be reinvested at a potentially lower interest rate, impacting the investment's overall returns.
Annual Coupon
The yearly interest payment paid to bondholders, based on the bond's face value.
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