Question: You are given data on three bonds. Compare the bonds to rank them from the safest to the riskiest instrument. begin{tabular}{|l|c|c|c|} hline Bond & Astra

You are given data on three bonds.

You are given data on three bonds. Compare the bonds to rank

Compare the bonds to rank them from the safest to the riskiest instrument.

\begin{tabular}{|l|c|c|c|} \hline Bond & Astra & Biba & Castro \\ \hline Rating (S\&P or Moody's long-term) & BBB & Baa2 & Ba1 \\ \hline Maturity (years) & 3.5 & 2.6 & 5.8 \\ \hline Coupon (annual) & 2.50 & 2.50 & 3.75 \\ \hline Yield to maturity (\%) & 3.3% & 2.7% & 11.0% \\ \hline Bid ask spread (over 100 par value) & 0.24 & 0.21 & 0.71 \\ \hline \end{tabular}

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