Highest credit risk to lowest risk the bonds

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Rank order from highest credit risk to lowest risk the following bonds, with the same time to maturity, by their yield to maturity: JM Corporate bond with yield of 4.25 percent, IB Corporate bond with yield of 6.49 percent, TC Corporate bond with yield of 10.76 percent, and B&O Corporate bond with a yield of 9.99 percent.

JM bond, TC bond, B&O bond, IB bond

JM bond, IB bond, TC bond, B&O bond

TC bond, B&O bond, IB bond, JM bond

JM bond, IB bond, B&O bond, TC bond

Reference no: EM13907221

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