Which of the following statements is CORRECT? hukbone a street name for investment grade bonds...
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Which of the following statements is CORRECT? hukbone a street name for investment grade bonds As the time of a bond increases the credit rating increases the default risk increases, and the required rate of return increases 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 When interest rates go up, bond prices go down
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