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The lower a company's coverage ratio: a) the greater the risk of default, hence the narrower the risk premium of the company's bonds b) the

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The lower a company's coverage ratio: a) the greater the risk of default, hence the narrower the risk premium of the company's bonds b) the lower the risk of default, hence the narrower the risk premium of the company's bonds O c) the greater the risk of default, hence the wider the risk premium of the company's bonds O d) the lower the risk of default, hence the wider the risk premium of the company's bonds

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