How does a change in default risk affect the interest rate on a bond?
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How does a change in default risk affect the interest rate on a bond?
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A change in default risk can have a significant impact on the interest rate yield on a bond Default risk refers to the risk that the issuer of the bon...View the full answer
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Related Book For
Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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