Question: -> Moving to another question will save this response. uestion 18 Assume that interest rates on 20-year Treasury and corporate bonds with different ratings, all

 -> Moving to another question will save this response. uestion 18

-> Moving to another question will save this response. uestion 18 Assume that interest rates on 20-year Treasury and corporate bonds with different ratings, all of which are noncallable, are as follows: T-bond = 7.72% AAA = 8.72% A = 9.64% BBB - 10.18% The differences in rates among these issues were most probably caused primarily by: a. Maturity risk differences. b. Default risk and liquidity differences. c. Inflation differences. d. Real risk-free rate differences. e. Tax effects. > Moving to another question will save this response

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