The diagram below shows default rates of rated bonds. What conclusions can you draw from the diagram?AppendixLO1

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The diagram below shows default rates of rated bonds.image text in transcribed

What conclusions can you draw from the diagram?AppendixLO1

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Financial Markets And Corporate Strategy

ISBN: 9780077119027

1st Edition

Authors: David Hillier, Mark Grinblatt, Sheridan Titman

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