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Which of the statements regarding bonds is true? A. Most of speculative bonds will default some time during the life of the bonds. B. A

Which of the statements regarding bonds is true?

A. Most of speculative bonds will default some time during the life of the bonds.

B. A bond can have a coupon rate as low as zero percent.

C. A bond with AAA rating would never default.

D. A bond with a BBB rating is regarded as a speculative bond.

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