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(Solved): What is the difference between a fallen angel and an original-issue high-yield bond?Group of answer ...



What is the difference between a fallen angel and an original-issue high-yield bond?Group of answer choicesA fallen angel bond is an issuer and the company has fallen out of favor with investorsA fallen angel bond is a bond that has defaultedA fallen angel bond is one whose price has dropped considerably in priceA fallen angel once had an investment grade rating before it was downgraded to junk



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