Suppose you owned a portfolio consisting of $250,000 of long-term u. s. government bonds. would your portfolio be riskless? explain. now suppose the portfolio consists of $250,000 of 30-day treasury bills. every 30 days your bills mature, and you will reinvest the principal ($250,000) in a new batch of bills. you plan to live on the investment income from your portfolio, and you want to maintain a constant standard of living. is the t-bill portfolio truly riskless? explain.

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.