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Which Of The Following Securities Will Likely Have The Highest Default Risk Premium?

a. Aaa-rated corporate bond maturing in 2015 not actively traded b. Bbb-rated corporate bond maturing in 2020 actively traded on a major exchange c. U.S. Treasury Bond maturing in 2027 d. U.S. Treasury Bill
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b. Bbb-rated corporate bond maturing in 2020 actively traded on a major exchange

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