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Which of the choices is true regarding the 2 assertions: 1 ) If a company performs very well, bond investors will not receive higher cash
Which of the choices is true regarding the assertions:
If a company performs very well, bond investors will not receive higher cash flows than indicated by the coupon rate and face value.
If a company performs very poorly, bond investors can not receive lower cash flows than indicated by the coupon rate and face value.
A
is False & is True
B
is True & is True
C
is False & is False
D
is True & is False
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