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Author Question: Moody's has developed a corporate bond default-risk rating system using capital and lower case ... (Read 69 times)

lindiwe

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on: Jul 10, 2018
Moody's has developed a corporate bond default-risk rating system using capital and lower case letters and numbers. Below are several examples of Moody's ratings.
 
  Which answer choice lists a collection of ratings for high credit investment grade bonds?
  A) Baa1, A1, A3
  B) Ba1, Baa2, Baa3
  C) Aa2, Aa3, A1
  D) Caa, Ca, C

Question 2

A basis point is ________.
 
  A) one-thousandth of a percentage point
  B) one percentage point
  C) one-tenth of a percentage point
  D) one-hundredth of a percentage point


kmb352

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: D


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