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What happened to the risk premium on Baa-rated corporate bonds during the 2008 financial crisis? A. It dropped down below that of Aaa bonds B.

What happened to the risk premium on Baa-rated corporate bonds during the 2008 financial crisis?

A. It dropped down below that of Aaa bonds

B. It plummeted to historic lows

C. It was not changed

D. It rose to a very high amount

E. None of the above

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