Question

which of the following AAA debentures will have highest price if ytm is

Answer 1

first
A I think soo

Answer 2

AAA is said to be the maximum possible rating which is being assigned by the credit rating agencies.

A bond which is rated with AAA is said to have a way big credit worthiness.

It helps the insurer to borrow less cost in times of getting into something new which is a very big competitive advantage for the organisation.

If the bond needs to have higher prices, the YTM value must be less as possible.

If YTM value seems to be high, then the bond will have lower prices.