Question: I. Yield spread on BBB rated bonds vs AAA rated bonds is calculated as YTM of AAA rated bond minus YTM of BBB rated bond.
I. Yield spread on BBB rated bonds vs AAA rated bonds is calculated as YTM of AAA rated bond minus
YTM of BBB rated bond.
II Yield spreads decrease during uncertain economic conditions.
Group of answer choices
I is Correct.
II is Correct.
I and II are correct.
I and II are Wrong.
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