Explain why prices of risky bonds may decline when economic conditions weaken.

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:49 AM

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Explain why prices of risky bonds may decline when economic conditions weaken.

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During a weak economy the risk of default on bond...View the full answer

Personal Finance

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