To evaluate general obligation bonds, the commercial rating companies assess information in four basic categories including ________.
A) information necessary to the credit analysis is an assessment of the issuer's overall socioeconomic environment.
B) information on the issuer's debt structure and overall debt burden.
C) the issuer's ability and political discipline to maintain sound budgetary policy.
D) All of these
Correct Answer:
Verified
Q8: _ are issued in anticipation of the
Q9: States and local governments can issue bonds
Q10: From an investor's perspective, the attractiveness of
Q11: One concern about the credit risk of
Q12: Which of the below statements is FALSE?
A)
Q14: Municipal securities are issued _.
A) by state
Q15: Besides tax-backed debt, the other basic type
Q16: One category of investors dominating the municipal
Q17: Because a _ requires legislative approval to
Q18: _, in addition to being secured by
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