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pos 8) a) List three key characteristics of bonds. b) Which of the following bonds issued by the same company should have the highe rating?

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pos 8) a) List three key characteristics of bonds. b) Which of the following bonds issued by the same company should have the highe rating? 6% Debentures due 2030 6% Subordinated Debentures due 2030 Why? Which of the following bonds should have the lower yield to maturity? 5% Debentures due 2025 6% Mortgage Bonds due 2025

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