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Basic Question 2 of 5
If all other factors are equal, which company would have the widest credit spread?
B. Walmart
C. P&G
A. American Airlines
B. Walmart
C. P&G
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.

Colin Sampaleanu
Learning Outcome Statements
explain how the phase of the business cycle affects credit spreads and the performance of credit-sensitive fixed-income instruments;
explain how the characteristics of the markets for a company's products affect the company's credit quality;
CFA® 2025 Level II Curriculum, Volume 6, Module 37.