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Consider the following yields to maturity on various one-year zero-coupon securities: Security Yield (%) Treasury 4.6 AAA Corporate 4.8 BBB Corporate 5.5 B Corporate 6.2
Consider the following yields to maturity on various one-year zero-coupon securities:
Security | Yield (%) |
Treasury | 4.6 |
AAA Corporate | 4.8 |
BBB Corporate | 5.5 |
B Corporate | 6.2 |
The credit spread of the BBB corporate bond is closest to:
A.
0.9%
B.
1.8%
C.
0.45%
D.
1.2%
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