Which of the following best describes default risk-14848
Which of the following best describes default risk?
This multiple choice question (MCQ) is related to the book/course vu mgt411 Money & Banking. It can also be found in vu mgt411 Final Term - Quiz No.2.
Which of the following best describes default risk?
The chance the issuer will be unable to make interest payments or repay principal
The chance the issuer will retire the debt early
The chance the issuing firm will be sold to another firm
The chance the issuer will sell more debt