Question
Why is the interest rate on a credit card generally much higher than government bond interest rates A) Credit cards are debt while government bonds
A) Credit cards are debt while government bonds are assets
B) All five of the interest rate components apply to credit card debt
C) There is a greater supply of credit cards and a greater demand for government bonds
D) Credit cards are issued in a market different from the market for government bonds
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
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