28. Which of the following is the most correct for an A-rated bond, compared to a BBB-
rated bond?
A) The A bond will sell for a lower price.
B) The A bond will sell for a higher price.
C) The A bond will offer a higher yield to maturity.
D) The A bond will offer a lower yield to maturity.
E) The A bond has a higher credit spread.
Answer D
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