1.In relation to an irredeemable security paying a fixed rate of interest, which of the following statements is correct?
A As risk rises, the market value of the security will fall to ensure that investors receive an increased yield
B As risk rises, the market value of the security will fall to ensure that investors receive a reduced yield
C As risk rises, the market value of the security will rise to ensure that investors receive an increased yield
D As risk rises, the market value of the security will rise to ensure that investors receive a reduced yield
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