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Which of the following is definitely true of an A rated bond, as compared to a B rated bond? The B rated bond is considered
Which of the following is definitely true of an A rated bond, as compared to a B rated bond?
The B rated bond is considered investment grade.
There is less default risk associated with the A rated bond.
The B rated bond must have a longer term.
The A rated bond will have a higher coupon rate of interest.
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