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    Exam 6: The Structure of Interest Rates
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    Historically, High Default Premiums Have Been Associated with
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Historically, High Default Premiums Have Been Associated with

Question 34

Question 34

Multiple Choice

Historically, high default premiums have been associated with


A) economic recessions.
B) economic boom periods.
C) generally rising interest rates.
D) the number of bonds rated by Moody's and Standard & Poor's.

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