CFA Practice Question

There are 266 practice questions for this study session.

CFA Practice Question

The equity analysis approach is preferred by some analysts to evaluate the creditworthiness of ______.
A. Municipal bonds.
B. Sovereign bonds.
C. High-yield corporate bonds.
Explanation: This approach can be useful, as high-yield bonds are sometimes thought of as a "hybrid" between higher-quality bonds and equity securities.

User Contributed Comments 1

User Comment
danlan2 High-yield corporate bonds are more risky than low-yield bonds, and are similar to equity.
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