Question
B. If the Credit Rating Agencies downgraded Canadas corporate bonds sighting high default risk due to COVID 19 high costs. Based on your understanding of
B. If the Credit Rating Agencies downgraded Canadas corporate bonds sighting high default risk due to COVID 19 high costs. Based on your understanding of default risk what will happen to the risk premium? Is it going to tighten, widen, or stays the same? Explain using graphs and words
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
