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Credit risk and yield

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Credit Risk and Yield

Rank order from highest credit risk to lowest risk the following bonds, with the same time to maturity, by their yield to maturity: Treasury bond with yield of 5.55 percent, IBM bond with yield of 7.49 percent, Trump Casino bond with yield of 8.76 percent, and Banc One bond with a yield of 5.99 percent.

Reference no: EM13522347

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