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kolitchko kolitchko
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5 years ago
The default risk premium is
A) relevant only for securities issued by very small companies.
B) the additional yield a saver requires for holding a bond with some default risk.
C) zero for corporate bonds, but quite substantial for corporate stock.
D) constant across the business cycle.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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pepebillypepebilly
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kolitchko Author
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5 years ago
Helped a lot
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Yesterday
Good timing, thanks!
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2 hours ago
Brilliant
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