Question
1a.Rank from highest credit risk to lowest risk the following bonds, with the same time to maturity, by their yield to maturity: (Rank: 1 =
1a.Rank from highestcreditrisk to lowest risk the following bonds, with the same time to maturity, by their yield to maturity: (Rank: 1 = highest, 4 = lowest) Treasury bond with yield of 5.55 percent(Click to select)
IBM bond with yield of 7.49 percent(Click to select)
Trump Casino bond with yield of 8.76 percent(Click to select)
Banc One bond with a yield of 5.99 percent (click to select) 1b. Which of the following is a debt security whose payments originate from otherloans, such ascredit card debt,auto loans, andhome equityloans?
asset-backed securities
credit quality securities
junk bonds
debentures
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