pls answer fast Ill give thumbs up. Which of the...
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pls answer fast Ill give thumbs up.
Which of the following statements is CORRECT? Junk" bonds are a street name for investment grade bonds. When interest rates go up, bond prices go down Coupon rate is the appropriate rate to use to discount the cash flows of a bond in order to determine the current price is the coupon rate. As the rating of a bond increases, the credit rating increases, the default risk increases, and the required rate of return increases
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