1. Engro Corp is one of Pakistan's largest conglomerates, in operation for over 45 years, and with businesses ranging from fertilizers to power generation has issued its bond known as Engro Rupiya which offered a return of 12.5% of maturity 4 years. In contrast Hascol which is oil marketing company active in downstream sector. The company has distribution rights of German lubricating oil Fuchs in Pakistan has issued a bond of 5 year with a return of 13.5%. Considering. Considering Maturity risk premium for 4-year bond as 0.25% and 6 -year bond as 0.5%. Keeping all other factors such as Risk-free rate and inflation premium as 4% and 3.5% respectively. Are the bonds of both companies comparable if yes then How more/less Default risk premium Engro Bond has when compared with Hascols bond a. Riskier by b. Less risky Both bonds are equally risky