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Which one of the following factors does not contribute to improve the credit rating of...

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Accounting

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Which one of the following factors does not contribute to improve the credit rating of an issuer? O A. When an issuer based in South Africa issues a bond denominated in United States dollars ($US). B. Having specific revenues from a particular unit being dedicated (ring-fenced) to paying coupons for the bond. O C. When the bond ranks first interms of payment when the issuer goes into liquidation. O D. Having the bond secured by specific assets tian

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