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Company MTU originally issued bonds that were rated investment grade. These bonds have now been downgraded to junk status. Which one of the following terms

Company MTU originally issued bonds that were rated investment grade. These bonds have now been downgraded to junk status. Which one of the following terms applies to this situation?

Question 5 options:

1)

Called bond

2)

Protected covenant

3)

Fallen angel

4)

Converted bond

5)

Floating bond

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