Which of the following typically carries the greatest risk of issuer default?
1. Bankers' acceptances
2. Certificates of deposit
3. Commercial paper
4. Treasury bills
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2
Answer:
After a default, what bondholders receive, and when they receive it, is unknown in advance. An investor may attempt to sell a defaulted bond in the secondary market or hold it through the bankruptcy process, but the proceeds would likely be far less than the bond's original value.
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4
Answer:
Hey!here is ur answer thank me if my answer is ryt I'll be able to know whether it is ryt or not
Explanation:
3(commerical ppr)
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