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Which one of the following is most apt to be correct for a CCC-rated bond, compared to a BBB-rated bond? A) The CCC bond will
Which one of the following is most apt to be correct for a CCC-rated bond, compared to a BBB-rated bond?
A) The CCC bond will have a variable-coupon rate.
B) The CCC bond will have a shorter term.
C) The CCC bond will offer a higher promised yield to maturity.
D) The CCC bond will have a higher price for the same term.
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