Which of the following represents the correct ordering of returns over the period 1926 to 2014 (from
lowest to highest return)?
A) Treasury bills, common stocks, long-term corporate bonds, long-term government bonds
B) Treasury bills, long-term government bonds, long-term corporate bonds, common stocks
C) common stocks, long-term government bonds, long-term corporate bonds, Treasury bills
D) long-term corporate bonds, Treasury bills, long-term government bonds, common stocks
ANSWER
B
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