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Author Question: Which of the following is NOT an action or consequence of the activities of bond rating agencies? (Read 7 times)

haydenjmcm

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on: Aug 7, 2023

Question 1

Which of the following is considered the dominant law when a firm with liabilities exceeding $5 million is declaring bankruptcy?

◦

Companies’ Creditors Arrangements Act


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Bankruptcy and Insolvency Act


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Federal Bankruptcy Code


◦

International Financial Reporting Standards



Question 2

Which of the following is NOT an action or consequence of the activities of bond rating agencies?

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In assessing the rating, the agency examines both qualitative and quantitative factors.


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When a material change is identified in any of the factors used to measure a bond’s default risk the agency will not adjust immediately to changes in credit quality, and in some cases there can be a considerable lag between a change in credit quality and a change in rating.


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With respect to qualitative factors, the agency will pay particular attention to important provisions, including whether the bond is secured by a mortgage on specific assets, whether the bond is subordinated to other debt, or any sinking fund provisions. 


◦

Rating agencies review outstanding bonds on a periodic basis and re-rate if necessary.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by haydenjmcm on Aug 7, 2023

Harsh06

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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haydenjmcm

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

amcvicar

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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