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What is the final product of the following reaction sequence? Give structural details of all significant intermediates.
Interest Rate Risk Premiums
Additional returns demanded by investors to compensate for the risk of fluctuating interest rates.
D Credit Rating
A rating indicating that an entity is in default, having failed to fulfill its credit obligations, the lowest possible rating in assessments of credit risk.
Credit Rating
A formal assessment of an entity's ability to repay its debts, often in the form of a letter grade.
Term Structure
The relationship between interest rates or yields and different maturities for debt securities, often depicted as a yield curve.
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