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A five-year corporate bond and its benchmark government bond had the following yields over a one-month period: Beginning of Month End of Month Corporate bond
A five-year corporate bond and its benchmark government bond had the following yields over a one-month period: Beginning of Month End of Month Corporate bond yield 6.75% 7.00% Government bond yield 4.25% 4.75% Over this month, the price of the corporate bond most likely experienced A) unfavorable macroeconomic and microeconomic factors. B) favorable macroeconomic factors and unfavorable microeconomic factors. C) unfavorable macroeconomic factors and favorable microeconomic factors
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