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21 votes
Defaulting on a bond most nearly means

the bond issuer cannot pay the promised amount
O the bond issuer pays a percentage of the bond's value
O the bond holder sells the bond on the secondary market
O the bond's rating has decreased

User Zhaochy
by
7.7k points

1 Answer

7 votes
the bond issuer cannot pay the promised amount
User Marjanbaz
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7.7k points
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