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货币金融学期末考试
195
单选题

Which
of the following statements are true?

A
A decrease in default risk on corporate bonds lowers the demand for
these bonds, but  
increases
the demand for default-free
bonds.
B
The expected return on corporate bonds decreases as default risk
increases.
C
A corporate bondʹs
return becomes less uncertain as default risk increases.
D
As their relative riskiness increases, the expected return on
corporate bonds increases  
relative
to the expected return on default-free
bonds.

答案解析

正确答案:B
货币金融学期末考试

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