Based on the historical record, if you invest in long-term U.S. Treasury bonds, what is the approximate
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Based on the historical record, if you invest in long-term U.S. Treasury bonds, what is the approximate probability that your return will be less than -6.0 percent in a given year? What range of returns would you expect to see 95 percent of the time? 99 percent of the time?
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Fundamentals of Investments Valuation and Management
ISBN: 978-0078115660
7th edition
Authors: Bradford Jordan, Thomas Miller
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