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Question 2 O Mark this question Because a bond is a legal contract, what could happen if a borrower fails to meet their obligation? The
Question 2 O Mark this question Because a bond is a legal contract, what could happen if a borrower fails to meet their obligation? The bond could be reevaluated by a rating agency. The lender could then own the bond outright. The borrower could be required to prepare an offering memorandum. The borrower could face bankruptcy proceedings
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