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    Exam 14: The Valuation of Fixed-Income Securities
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    The Spread (The Basis Points)between the Yields on AAA-Rated Bonds
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The Spread (The Basis Points)between the Yields on AAA-Rated Bonds

Question 27

Question 27

True/False

The spread (the basis points)between the yields on AAA-rated bonds and B-rated bonds tends to rise when yields increase.

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