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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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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
