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A bond's calculated yield is 140%. Which of the following is most likely to be true? the bond's promised yield is lower than 140% the
A bond's calculated yield is 140%. Which of the following is most likely to be true?
the bond's promised yield is lower than 140% | ||
the economy is in a recession. | ||
the company's default risk has increased signigcantly since the bond was issued | ||
the bond is likely to be called. |
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