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    The Economics of Money Banking Study Set 2
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    Exam 6: The Risk and Term Structure of Interest Rates
  5. Question
    Default Risk Is the Risk That ________
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Default Risk Is the Risk That ________

Question 22

Question 22

Multiple Choice

Default risk is the risk that ________.


A) a bond issuer is unable to make interest payments
B) a bond issuer is unable to make a profit
C) a bond issuer is unable to pay the face value at maturity
D) Both A and C above

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