There is a positive relationship between bond ratings and the required return on a bond. The required return is highest for AAA-rated bonds, and required returns decrease as the ratings get lower. True False

There is a positive relationship between bond ratings and the required return on a bond. The required return is highest for AAA-rated bonds, and required returns decrease as the ratings get lower. True False

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There is a positive relationship between bond ratings and the required return on a bond. The required return is highest for AAA-rated bonds, and required returns decrease as the ratings get lower. True False

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There is a positive relationship between bond ratings and the required return on a bond. The required return is highest for AAA-rated bonds, and required returns decrease as the ratings get lower. True False

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