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Save this response. Question 32 About Bond Rating a callable bond should have lower yield. secured bonds should have better rating than unsecured bond of
Save this response. Question 32 About Bond Rating a callable bond should have lower yield. secured bonds should have better rating than unsecured bond of the same firm a bond without sinking fund should a better rating. poor bond rating is caused by the low counpon rate and thus the YTM is low a convertible bond should have higher yield than a non convertiable one
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