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  3. which of the following statements is correct?

Which of the following statements IS correct? ...

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Finance

Which of the following statements IS correct?

The par value of a Treasury inflation-protected secutrity is established as $1,000 over the life of the bond.

If the inflation rate is 5%, the principal of a Treasury inflation protection security will be adjusted from $1,000 to $1,050

Municipal bonds are most attractive to residents of states with low income tax rates

The biggest risk with foreign pay bonds issued by the German government is the risk of default.

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