Which of the following statements are$$ true?

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Part $1$

A$.$

A corporate$$ bond's return becomes less uncertain as default risk increases.

B$.$

A decrease in default risk on corporate bonds lowers the demand for these$$ bonds, but increases the demand for

defaultminus$$free

bonds.

C$.$

As their relative riskiness$$ increases, the expected return on corporate bonds increases relative to the expected return on

defaultminus$$free

bonds.

D$.$

The expected return on corporate bonds decreases as default risk increases.