Solved: A one-year discount bond issued by x has a payout of 550, Microeconomics

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A one-year discount bond issued by x has a payout of 550

A one-year discount bond issued by X has a payout of $550 and today's price is $510. A one-year discount bond issued by Y has a payout of $2,290 and today's price is $2,055. Then the bond issued by X has a ____ yield than the bond issued by Y, and this could be because Y has a ____ default risk.

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Microeconomics: A one-year discount bond issued by x has a payout of 550

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