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8) Individual borrowers - whether they be governments or companies - possess their own individual credit rating, the market's assessment of their ability to repay

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8) Individual borrowers - whether they be governments or companies - possess their own individual credit rating, the market's assessment of their ability to repay debt in a timely manner. These credit assessments influence all the following EXCEPT: A) cost of capital B) access to capital C) credit risk premium D) risk-free rate

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