Question
What would most likely happen to the YTM on the sovereign bonds of a country if that county becomes riskier and may have difficulty making
What would most likely happen to the YTM on the sovereign bonds of a country if that county becomes riskier and may have difficulty making future payments?
| YTM will rise |
| YTM not affected |
| YTM will fall |
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Business Mathematics
Authors: Charles MillerStanley SalzmanStanley SalzmanGary Clendenen
11th Edition
0321500121, 9780321500120
