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Rank from highest credit risk to lowest risk the following bonds, with the same time to maturity, by their yield to maturity: (Rank: 1 =
Rank from highest credit risk to lowest risk the following bonds, with the same time to maturity, by their yield to maturity: (Rank: 1 = highest, 4 = lowest)
Treasury bond with yield of 5.00 percent
1
3
4
2
IBM bond with yield of 6.04 percent
3
4
2
1
Trump Casino bond with yield of 7.54 percent
4
1
2
3
Banc One bond with a yield of 8.81 percent
1
4
2
3
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