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Define "default risk"
Default risk is the chance that the bond issuer will not make the required coupon payments or principal repayment to its bondholders.
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Asked 7/10/2011 4:15:32 PM
Updated 8/19/2014 11:21:32 AM
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This answer has been confirmed as correct and helpful.
Edited by yumdrea [8/19/2014 11:21:31 AM], Confirmed by yumdrea [8/19/2014 11:21:32 AM]
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