If you have a very low tolerance for risk, which of the following bonds would you be least likely to hold in your portfolio?

If you have a very low tolerance for risk, which of the following bonds would you be least likely to hold in your portfolio?




A) a U.S. Treasury bond
B) a municipal bond
C) a corporate bond with a rating of Aaa
D) a corporate bond with a rating of Baa





Answer: D


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