Question: Bond 1 is a 1 0 - year bond issued by Deloitte ( which has a great credit rating ) . Bond 2 is also

Bond 1 is a 10-year bond issued by Deloitte (which has a great credit rating).
Bond 2 is also a 10-year bond issued by Enron (which is financially struggling).
Which is MOST likely?
a) Bond 1 will have a higher default risk than Bond 2.
b) Bond 2 will have a higher interest rate than Bond 1.
c) Bond 1 will have a higher interest rate than Bond 2.
d) Bond 2 will have a higher term risk than Bond 1.
Bond 1 is a 1 0 - year bond issued by Deloitte (

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