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The term structure of credit spreads for a high-quality, investment-grade issuer in a stable industry is least likely to be: A)upward sloping. B)downward sloping. C)flat.

The term structure of credit spreads for a high-quality, investment-grade issuer in a stable industry is least likely to be:

A)upward sloping.

B)downward sloping.

C)flat.

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