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You look at interest rates on 30-year Treasury and corporate bonds with different ratings in theWall Street Journal and see the following rates for noncallable
You look at interest rates on 30-year Treasury and corporate bonds with different ratings in theWall Street Journal and see the following rates for noncallable bonds:
T-bond = 4.65%A = 6.74%
AAA = 5.59%BBB = 7.88%
In one sentence, the differences in rates among these issues were most probably caused primarily
by ---?
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