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During recessionary periods interest rates across debt securities tend to a. Decrease equally across all types of debt securities b. Increase more on less risky
During recessionary periods interest rates across debt securities tend to
a. Decrease equally across all types of debt securities b. Increase more on less risky securities
c. The spread between the less risky and risky securities widens
d. There typically is no change to interest rates during recessionary periods
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