Question: Which bond should have a higher YTM: A 1 0 - year bond with an AA rating or a 5 - year bond with a
Which bond should have a higher YTM:
A year bond with an AA rating or a year bond with a BB rating? Why?
A year bond with an A rating, or a year bond with a BBB rating? Why?
A year bond with an AA rating or a year bond with an AA rating? Why?
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