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Which of the following statements regarding bonds is/are true? Bonds are rated based on their default risk. Some bonds, such as Treasury bonds, have no
Which of the following statements regarding bonds is/are true?
Bonds are rated based on their default risk. |
Some bonds, such as Treasury bonds, have no risk of default. |
So-called junk bonds have substantial default risk. |
All of the above. |
None of the above. |
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