Question: A fallen angel is a bond that has moved from: Group of answer choices being a long - term obligation to being a short -

A fallen angel is a bond that has moved from:
Group of answer choices
being a long-term obligation to being a short-term obligation.
being publicly traded to being privately traded.
senior status to junior status for liquidation purposes.
having a yield-to-maturity in excess of the coupon rate to having a yield-to- maturity that is less than the coupon rate.
investment grade to speculative grade.
Group of answer choices
True
False

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