WHICH OF THE FOLLOWING IS CORRECT FOR A CCC-RATED BOND, COMPARED T...

25. Which of the following is correct for a CCC-rated bond, compared to a BBB-rated bond? A) The CCC bond must have protective covenants. B) The CCC bond must have a sinking fund provision. C) The CCC bond must offer a higher coupon rate. D) The CCC bond must offer a higher yield to maturity.