With reference to the data above, which security below did the market view as having the greatest default risk?
A) 90-day Treasury securities
B) 180-day Treasury securities
C) 2-year Treasury securities
D) 90-day Commercial paper

Question

Quizplus · Accepted Answer

Commercial paper is typically issued by corporations and is not backed by the government, unlike Treasury securities, which are considered risk-free. Therefore, the market views commercial paper as having a greater default risk compared to Treasury securities.

With Reference to the Data Above, Which Security Below Did