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    Exam 17: The Theory and Structure of Interest Rates
  5. Question
    The Risk That the Issuer of a Bond May Not
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The Risk That the Issuer of a Bond May Not

Question 2

Question 2

Multiple Choice

The risk that the issuer of a bond may not be able to make timely interest and principal payments is called:


A) Credit risk.
B) Default risk.
C) Market risk.
D) a and b only.
E) All of the above.

Correct Answer:

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