Question: Bond 1 is a 1 0 - year bond issued by Deloitte ( which has a great credit rating ) . Bond 2 is also
Bond is a year bond issued by Deloitte which has a great credit rating
Bond is also a year bond issued by Enron which is financially struggling
Which is MOST likely?
a Bond will have a higher default risk than Bond
b Bond will have a higher interest rate than Bond
c Bond will have a higher interest rate than Bond
d Bond will have a higher term risk than Bond
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