Which of the following securities will likely have the highest default
Which of the following securities will likely have the highest default risk premium?
A) Bbb-rated corporate bond maturing in 2020 actively traded on a major exchange
B) Aaa-rated corporate bond maturing in 2015 not actively traded
C) U.S. Treasury bond maturing in 2027
D) U.S. Treasury bill
ANSWER
A
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