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Default risk is the risk that (a) a bond issuer is unable to make interest payments. (b) a bond issuer is unable to make a
Default risk is the risk that (a) a bond issuer is unable to make interest payments. (b) a bond issuer is unable to make a profit. (c) a bond issuer is unable to pay the face value at maturity. (d) all of the above. (e) both (a) and (c) above
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