Question: find the approximate spread between AAA and BBB rated bonds. There are many sources you can utilize to find this data. Discuss why this spread
find the approximate spread between AAA and BBB rated bonds. There are many sources you can utilize to find this data. Discuss why this spread exists. If a AAA and BBB rated bond have the same duration and convexity will they have the same level of interest rate risk? Why or why not?
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