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Which of the following statements is correct? I. Most corporate bonds are non-callable. II. The bond owners of a bond with collateral takes ownership of

Which of the following statements is correct? I. Most corporate bonds are non-callable. II. The bond owners of a bond with collateral takes ownership of the collateral when there is a default. III. A bond with a AA rating is a "speculative or junk" bond Group of answer choices I only is true II only is true III only is true I and II only are true II and III only are true

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