A default premium is the interest rate premium
A) under normal market circumstances.
B) when there are no market fluctuations.
C) covering the default risk.
D) for government debt.
C
Economics
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Among the major industrial economies, which of the following had the lowest national debt as a percent of GDP?
a. Canada b. Australia c. United States d. Italy
Economics
Average fixed cost:
a. remains unchanged as output expands b. is defined as the change in total cost divided by the change in output. c. always increases as output increases. d. always decreases as output expands.
Economics