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PLEASE EXPLAIN ANSWER AND SHOW WORK SO I MAY UNDERSTAND. NO HANDWRITING PLEASE. I WILL GIVE THUMBS UP. THANK YOU. When the default risk on

PLEASE EXPLAIN ANSWER AND SHOW WORK SO I MAY UNDERSTAND. NO HANDWRITING PLEASE. I WILL GIVE THUMBS UP. THANK YOU.

When the default risk on corporate bonds decreases, other things equal, the demand curve for corporate bonds shifts to the ---------- and the demand curve for Treasury bonds shifts to the --------------.

  1. Right, right

  2. Right, left

  3. Left, left

  4. Left, right

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