Given a hotel company, a chemical company, and a food retail company, which is most likely to

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Given a hotel company, a chemical company, and a food retail company, which is most likely to be able to support a high debt load over an economic cycle?

A. The hotel company, because people need a place to stay when they travel.

B. The chemical company, because chemicals are a key input to many products.

C. The food retail company, because such products as food are typically resistant to recessions.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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