« previous next »

Author Question: Speculative, or non-investment-grade, bonds have an S&P bond rating of A) BB or less. B) BBB ... (Read 76 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jul 10, 2018
Speculative, or non-investment-grade, bonds have an S&P bond rating of
 
  A) BB or less. B) BBB or less. C) CCC or less. D) C or less.

Question 2

Which of the following is FALSE concerning bonds?
 
  A) Subordinated debentures are riskier than unsubordinated debentures.
  B) Debentures are secured by assets other than real estate.
  C) The indenture spells out the obligations of the bond issuer.
  D) Mortgage bonds are secured by assets such as real estate.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


raenoj

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Polar covalent bonds in water molecules Polar covalent bonds in water molecules
Examples of hydrogen bonds Examples of hydrogen bonds
Examples of hydrogen bonds and DNA Examples of hydrogen bonds and DNA
Hydrogen bonds in Nylon Hydrogen bonds in Nylon
Covalent Bonds Covalent Bonds
Self-esteem for Grade 3 and 4 children in Harter\'s studies Self-esteem for Grade 3 and 4 children in Harter\'s studies
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library