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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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