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To minimize the effects of default risk, an investor should choose which one of the following corporate bonds? A. AAArated longterm corporate bonds with the

To minimize the effects of default risk, an investor should choose which one of the following corporate bonds?

A.

AAArated

longterm

corporate bonds with the longest term to maturity

B.

AArated

shortterm

corporate bonds with the shortest term to maturity

C.

AAArated

corporate bonds with the shortest term to maturity

D.

AArated

longterm

corporate bonds with the longest term to maturity

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