Question: For corporate bonds with significant default risk: a. The expected yield to maturity is greater than the promised yield to maturity. b. none of the

For corporate bonds with significant default risk:

a. The expected yield to maturity is greater than the promised yield to maturity.

b. none of the choices are correct. all of the choices are correct.

c. The expected yield to maturity is equal to the promised yield to maturity.

d. The promised yield to maturity is greater than the expected yield to maturity.

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