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    Exam 5: The Risk Structure and Term Structure of Interest Rates
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    A Bond That Is Generally Agreed to Have Higher Default
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A Bond That Is Generally Agreed to Have Higher Default

Question 99

Question 99

Multiple Choice

A bond that is generally agreed to have higher default risk will experience all of the following EXCEPT


A) declining demand.
B) declining supply.
C) higher yield.
D) lower price.

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