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Author Question: Which of the following securities is likely to have the most credit risk? (Read 324 times)

lb_gilbert

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Which of the following securities is likely to have the most credit risk?


◦ Commercial paper
◦ A high yield (junk) bond
◦ Collateralized mortgage bond consisting of 50% sub-prime mortgages
◦ There is not enough information to decide between these answers.


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Marked as best answer by lb_gilbert on Apr 13, 2019

TINA

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