Question: Default risk is the risk that... a . . . . a bond issuer is unable to make a profit. b . . . .
Default risk is the risk that...
a
a bond issuer is unable to make a profit.
b
a bond issuer is unable to pay the face value at maturity.
c
a bond issuer is unable to pay the its phone bill.
d
a bond issuer is unable to make interest payments.
e
a bond issuer is unable to make a revenue.
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