The riskiness of publicly traded bond issues is rated by independent agencies. According to Moody's rating system, an Aaa bond and a Caa bond are ________ and ________ respectively.
A) speculative; investment grade
B) prime quality; medium grade
C) prime quality; speculative
D) medium grade; lowest grade
Correct Answer:
Verified
Q121: _ are secured by stock and/or bonds
Q122: A debenture is _.
A) a bond secured
Q123: _ bonds are characterized by interest payments
Q124: Stated interest rate under _ is adjusted
Q125: A(n) _ is issued with no or
Q127: _ are commonly issued in the reorganization
Q128: Deeply discounted bond that pays no coupon
Q129: A(n) _ gives purchasers inflation protection.
A) zero-coupon
Q130: A _ give bondholders the right to
Q131: A $1,000, 8% bond sells for 980.
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