A 'fallen angel' is a bond that has moved from: having a yield-to-maturity in excess of the

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A 'fallen angel' is a bond that has moved from: having a yield-to-maturity in excess of the coupon rate to having a yield-to- maturity that is less than the coupon rate. being publicly traded to being privately traded. investment grade to speculative grade. senior status to junior status for liquidation purposes. being a long-term obligation to being a short-term obligation

Posted Date: Jul 11, 2024 05:16 AM

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A 'fallen angel' is a bond that has moved from: having a yield-to-maturity in excess of the

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