Question: A bond with default risk will always have a ________ risk premium and an increase in its default risk will ________ the risk premium. positive;
A bond with default risk will always have a ________ risk premium and an increase in its default risk will ________ the risk premium.
positive; raise | ||
negative; raise | ||
positive; lower | ||
negative; lower |
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The correct answer to this question is positive raise Explanation A bond with default risk wil... View full answer
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