During the Great Depression years 1930-1933 there was a very high rate of business failures and defaults, we would expect the risk premium for ________ bonds to be very high.
A) U.S. Treasury
B) corporate Aaa
C) municipal
D) corporate Baa
Answer: D
During the Great Depression years 1930-1933 there was a very high rate of business failures and defaults, we would expect the risk premium for ________ bonds to be very high.
A) U.S. Treasury
B) corporate Aaa
C) municipal
D) corporate Baa
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.