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47. Fisher's study of 366 bond issues found that a larger yield spread was associated with a: (a) shorter time with the company having defaulted.
47. Fisher's study of 366 bond issues found that a larger yield spread was associated with a: (a) shorter time with the company having defaulted. (b) smaller market value of debt. (c) smaller amount of historic earnings. (d) larger coefficient of variation of earnings (e) smaller debt/equity ratio
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