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Which of the following is true? A. During an economic recession and in a pessimistic environment, the yield spread beteen US government bonds and corporate
Which of the following is true?
A. During an economic recession and in a pessimistic environment, the yield spread beteen US government bonds and corporate bonds could be higher than during good economic times.
B. During a period of economic growth and in an optimistic environmrnt, the yield spread between US government bonds and corporate bonds could be higher than during an economic recession and a pessimistic environment
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