Question: The largest risk facing a bond is _____ risk. Default Interest rate Systematic Firm The maturity of bonds is best described as _____-term. Short Medium
The largest risk facing a bond is _____ risk.
Default
Interest rate
Systematic
Firm
The maturity of bonds is best described as _____-term.
Short
Medium
Long
A bond's interest payment is best described as a _____ and bondholders are best described as _____ Residual; owners
Residual; creditors
Promise; owners
Promise; creditors
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