(Q. 26 IN B) WHICH OF THE FOLLOWING IS CORRECT FOR A BB-RATED BOND...

30. (Q. 26 in B) Which of the following is correct for a BB-rated bond, compared to a A-rated bond? A) The BB bond will sell for a lower price. B) The BB bond will sell for a higher price. C) The BB bond will offer a higher yield to maturity. D) The BB bond will offer a lower yield to maturity.