Question
Two bonds are rated B+ and BB. Is it possible to predict which would have the higher coupon rate? They are the same Impossible to
Two bonds are rated B+ and BB. Is it possible to predict which would have the higher coupon rate?
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They are the same
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Impossible to know from the information given
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BB- bond
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B+ bond
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
