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Identify which one of the following securities has the highest nominal annual yield at issuance and which one is the safest investment? Use the key
Identify which one of the following securities has the highest nominal annual yield at issuance and which one is the safest investment? Use the key determinants of Nominal Interest Rate to briefly explain why. (4 marks)
- 20-year treasury bonds
- 10-year corporate bonds with AAA rating
- 30 -year corporate bonds with AAA rating
- 10-year corporate bonds with BB rating
- 30-year corporate bonds with BB rating
- 3-month treasury notes
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