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Company A issues a 1 year discount bond that pays out $15,600 and today's price is $15,150.Company B issues a 1 year discount bond and
Company A issues a 1 year discount bond that pays out $15,600 and today's price is $15,150.Company B issues a 1 year discount bond and this one pays out $13,300 and today's price is $13,100.In this case, the bond issued by Company A has a ______ yield than the bond issued by B, and this could be because Company B has a ______ default risk.
Group of answer choices
higher; lower
lower; lower
lower; higher
higher;higher
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