Question
The spread on Junk or High Yield Bonds is generally higher than the spread on bonds rated BBB or higher. Remember that the spread is
The spread on Junk or High Yield Bonds is generally higher than the spread on bonds rated BBB or higher.
Remember that the spread is that additional compensation for the risk of a bond (relative to a risk free rate).
Group of answer choices
True
False
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
