Question
Which one of the following is most likely true for a AAA bond compared to a CCC bond? A.The AAA bond has a lower default
Which one of the following is most likely true for a AAA bond compared to a CCC bond?
A.The AAA bond has a lower default premium than the CCC bond.
B.The AAA bond will most likely sell at a premium.
C.The AAA bond has a longer time to maturity than the CCC bond.
D.The AAA bond is riskier than the CCC bond.
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Financial Mathematics
Authors: Cacildo Marques
1st Edition
8741574710, 979-8741574713
