central limit theorem

nm

me too.

I know BB is more risky, I was typing too fast But I don’t remember I have seen BB in the choices, maybe I read too fast.

lola, you really can’t take it easy for a couple of weeks before redoing all the exam questions on this forum can you?..same goes to everyone else too…

Well, either it was different for different serial numbers on the test (mine was 1010/1111) or else I saw/remember it incorrectly. What was your serial number Finance03?

What type of risk? AAA will have a lower coupon and subject to higher risk when rate changes. ie lower coupon and longer maturity = greater interest rate risk.

highest credit spread was the question if I remember correctly