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Security Term (years) Yield (%) Treasury 20 5.5% AAA Corporate 20 7.0% BBB Corporate 20 8.0% B Corporate 20 9.6% The credit spread on BBB-rated
Security | Term (years) | Yield (%) |
Treasury | 20 | 5.5% |
AAA Corporate | 20 | 7.0% |
BBB Corporate | 20 | 8.0% |
B Corporate | 20 | 9.6% |
The credit spread on BBB-rated corporate bonds is:
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