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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
As the rating of a bond increases (for example, from A, to AA, to AAA), it generally means that
A) the credit rating decreases, the default risk decreases, and the required rate of return decreases.
B) the credit rating increases, the default risk decreases, and the required rate of return increases.
C) the credit rating increases, the default risk increases, and the required rate of return decreases.
D) the credit rating increases, the default risk decreases, and the required rate of return decreases.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 225 times
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ExpertXExpertX
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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