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  • Which of the following long-term bonds should have the lowest interest rate? #121
  • Typically, increasing interest rates #122
  • Which of the following long-term bonds should have the highest interest rate? #123
  • Bonds with relatively low risk of default are called #124
  • Bonds with relatively high risk of default are called #125
  • Between 1919 and 2016, when did long-term bond yields peak? #126
  • Between 1919 and 1990, when did long-term bond yields reach a low point? #127
  • A corporation suffering big losses might be more likely to suspend interest payments on its bonds, thereby #128
  • Holding everything else constant, if a corporation begins to suffer large losses, then the default risk on its bonds will ________ and the expected return on those bonds will ________. #129
  • Holding everything else the same, if a corporation's earnings rise, then the default risk on its bonds will ________ and the expected return on those bonds will ________. #130
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