Bonds with a ________ degree of default risk are most susceptible to default when economic conditions are ________.
A) low; strong
B) high; weak
C) high; strong
D) low; weak

Question

Quizplus · Accepted Answer

Bonds with a high degree of default risk are most susceptible to default when economic conditions are weak, as their financial stability is more likely to be compromised during economic downturns.

Bonds with a ________ Degree of Default Risk Are Most