In each of the three cases, which bond will usually pay a higher interest rate? a. A
Question:
a. A bond rated AAA, or a bond rated BBB?
b. A U.S. government bond, or a General Motors bond?
c. A Citibank bond that gets repaid in 30 years or a Citibank bond that gets repaid in 1 year?
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a The BBB bond because higher risk requires ...View the full answer
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