- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 37. Economics and Investment Markets
- Subject 4. Credit Premiums and the Business Cycle
CFA Practice Question
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
Correct Answer: A
American Airlines is in a cyclical sector. Its business is the most sensitive to the business cycle.
User Contributed Comments 0
You need to log in first to add your comment.