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samualson samualson
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Posts: 2459
6 years ago
The expected yield on junk bonds is higher than the yield on AAA-rated bonds because of the higher default risk associated with junk bonds.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 107 times
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DeanaRayDeanaRay
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Posts: 1112
6 years ago
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samualson Author
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6 years ago
Thanks for your help!
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