The annual coupon rate on a 1-year treasury bond is 5.5%. The coupon on a 2-year treasury bond is 5.8%. What is the implied YTM on a hypothetical 2-year zero coupon treasury bond?

What economic variables would give some indication of the country risk present in a particular country?

What will be an ideal response?

Michael Milkman has suggested that you consider the purchase of some bonds that are rated BB or below. He is asking you to purchase ________ bonds

A) junk B) very risky C) high-yield D) All of the above E) Only A and B.