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One attribute of a bond that affects its interest rate is its risk of default. Default occurs when A. the issuer of bond is unable

One attribute of a bond that affects its interest rate is its risk of default. Default occurs when

A.

the issuer of bond is unable to supply any more bonds in the market

B.

the issuer of bond is able to raise funds from elsewhere and meet the full payments of his bonds

C.

the buyer of bond is unable to make interest payments or the full face value upon maturity.

D.

the issuer of bond is unable to make interest payments or the full face value upon maturity.

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