Which if the following statement is trye for corporste bond woth significant default risk, regarding jts promised YTM and expected YTM?

A) Its promised YTM is lower than its expected YTM

B) Its promised YTM is higher than its expected YTM

C) Its promised YTM is the same as its expected YTM

D) Not enough information to determine

2. (2 points) Which of the following statement is true for a corporate bond with significant default risk, regarding its promised YTM and expected YTM? A) B) C) D) Its promised YTM is lower than its expected YTM Its promised YTM is higher than its expected YTM Its promised YTM is the same as its expected YTM Not enough information to determine