Question
Which of the following bonds would offer the lowest coupon rate if they were sold to the public today at par value? a. 15-yr BAA-rated
Which of the following bonds would offer the lowest coupon rate if they were sold to the public today at par value?
a. 15-yr BAA-rated corporate bond
b. 15-yr CCC-rated corporate bond
c. 15-yr AAA-rated corporate bond
d. 15-yr US Treasury bond
My answer would be (d) US Treasury bond since it is the least risky bond?
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Financial And Insurance Formulas
Authors: Tomas Cipra
2010th Edition
3790829013, 978-3790829013
