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Based on your understanding of bond ratings and bond-rating criteria, which of the following statements is true?a. During an economic recession and in a pessimistic environment, the yield spread between US government bonds and corporate bonds could be higher than during good economic times. b. During a period of economic growth and in an optimistic environment, the yield spread between US government bonds and corporate bonds could be higher than during an economic recession and a pessimistic environment.
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Based on your understanding of bond ratings and bond-rating criteria, which of the following stateme...
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