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Which of the following statement is correct? A callable bond issuer is likely to call a bond, if the company can issue another otherwise-equal bond
Which of the following statement is correct?
A callable bond issuer is likely to call a bond, if the company can issue another otherwise-equal bond with lower coupon rate | ||
A company with very low profitability ratio is more likely to issue an investment grade bond than junk bond | ||
A company that is about to bankrupt is more likely to issue an investment grade bond than junk bond | ||
Speculative grade bonds have lower default risk than investment grade bonds |
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