Cozy Dolan, an amateur investor, said, I prefer investing in GNMA pass-through securities. Their government guarantee gives

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Cozy Dolan, an amateur investor, said, "I prefer investing in GNMA pass-through securities. Their government guarantee gives me a riskfree return." Comment on Cozy's remark.
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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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