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For two corporate bonds with similar levels of liquidity and time to maturity, one would expect that the default risk premium on the bond rated
For two corporate bonds with similar levels of liquidity and time to maturity, one would expect that the default risk premium on the bond rated A would be higher than the yield on the bond rated B
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
