Generally with bond ratings, the ________ the rating, the higher the interest rate an investor will receive and the ________ the risk that the issuer of the bond will default
A) higher; higher
B) higher; lower
C) lower; higher
D) lower; lower
Answer: C
Economics
You might also like to view...
The focus of the Ricardian model is on how:
a. countries' resource bases explain international trade. b. countries' different technologies explain international trade. c. transportation costs explain international trade. d. different languages and cultures explain international trade.
Economics
The free-rider problem arises because pure public goods are nonexcludable
Indicate whether the statement is true or false
Economics