Rank from lowest credit risk to highest credit risk the following bonds, with the same time to maturity, by their yield to maturity: Treasury bond with yield of 5.55 percent, IBM bond with yield of 7.95 percent, Trump Casino bond with a yield of 9.15 percent and Banc Ono bond with a yield of 6.12 percent.
A) Treasury, Trump Casino, Banc Ono, IBM
B) Trump Casino, IBM, Banc Ono, Treasury
C) Treasury, Banc Ono, IBM, Trump Casino
D) Trump Casino, Banc Ono, IBM, Treasury
Correct Answer:
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