Question
Which of the following terms is the chance that the bond issuer will not be able to make timely payments? default risk interest rate risk
Which of the following terms is the chance that the bond issuer will not be able to make timely payments?
| default risk | ||
| interest rate risk | ||
| liquidity of interest rate risk | ||
| term structure of interest rates |
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
