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  • Bonds with relatively high risk of default are called #171
  • Between 1919 and 2016, when did long-term bond yields peak? #172
  • Between 1919 and 1990, when did long-term bond yields reach a low point? #173
  • A corporation suffering big losses might be more likely to suspend interest payments on its bonds, thereby #174
  • 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 ________. #175
  • 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 ________. #176
  • If a corporation begins to suffer large losses, then the default risk on its bonds will ________ and the equilibrium interest rate on these bonds will ________ #177
  • If a corporation's earnings rise, then the default risk on its bonds will ________ and the equilibrium interest rate on these bonds will ________ #178
  • Compared to interest rates on long-term U.S. government bonds, interest rates on ________ fluctuate more and are lower on average. #179
  • According to the efficient market hypothesis, the current price of a financial security #180
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