Which of the following would be expected to hold its value best during a time of inflation? A certificate of deposit. A corporate bond. A house.

Intermediate Accounting: Reporting And Analysis
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ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter14: Financing Liabilities: Bonds And Long-term Notes Payable
Section: Chapter Questions
Problem 24GI
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Which of the following would be expected to hold its value best during a time of inflation?

A certificate of deposit.
A corporate bond.
A house.
 
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