The risk of provincial bond default is.

A.

lower when the provincial economy isstronger, and in this case will have a lower yield to maturity.

B.

higher when the provincial economy isstronger, and in this case will have a lower yield to maturity.

C.

higher when the provincial economy isstronger, and in this case will have a higher yield to maturity.

D.

lower when the provincial economy isstronger, and in this case will have a higher yield to maturity.