Question
A company with a bond rating of BBB is more likely to have which of the following qualities compared to a company with a bond
A company with a bond rating of BBB is more likely to have which of the following qualities compared to a company with a bond rating of AAA?
A. greater reliance on equity financing B. more default risk C. little use of subordinated debt D. large firm size
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
