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Business, 24.02.2020 21:11 kailaaap

Quialet So-called fallen angels differ from junk bonds in that Question 1 options: A) junk bonds have ratings below Baa, whereas fallen angels have ratings below C. B) junk bonds refer to newly issued bonds with low credit ratings, whereas fallen angels refer to previously issued bonds that have had their credit ratings fall below Baa. C) fallen angels have ratings below Baa, whereas junk bonds have ratings below C. D) junk bonds refer to previously issued bonds that have had their credit ratings fall below Baa, whereas fallen angels refer to newly issued bonds with low credit ratings.

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