Question
d. How does the credit spread change with the bond? rating? Why????(Select the best choice? below.) A. The credit spread decreases as the bond rating
d. How does the credit spread change with the bond? rating? Why????(Select the best choice? below.)
A. The credit spread decreases as the bond rating rises because? higher-rated bonds are riskier.
B. The credit spread decreases as the bond rating falls because? lower-rated bonds are riskier.
C. The credit spread increases as the bond rating rises because? higher-rated bonds are riskier.
D. The credit spread increases as the bond rating falls because? lower-rated bonds are riskier.
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Authors: Elaine Wilkes ,Dan Hollings ,Daniel Hall ,Lisa Rothstein
1st Edition
1954968574, 978-1954968578
