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FINRA Series 6

Category - Series 6

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Which of the following investments would have the least interest rate risk?

a 6-month Treasury bill
a 20-year, AAA-rated municipal bond
a 3-year Treasury STRIP
a 15-year, AAA-rated corporate bond

Explanation

Answer: A - A 6-month Treasury bill has the least interest rate risk of the choices listed. It has the shortest duration, and the shorter duration, the less the price of the bond fluctuates with changes in the interest rates.

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FINRA Series 6

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FINRA Series 6

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