Once a bond rating is assigned, it:
A. can only change if the rating change is approved by the securities and exchange commission.
B. can change as the financial position of the issuer changes.
C. can change on the next bond from the issuer but is fixed for the current bond.
D. never changes over the life of the bond.
Answer: B
You might also like to view...
Because of the system defined by the U.S. Constitution, people and media often call the national government in Washington D.C. ______________
Fill in the blank(s) with the appropriate word(s).
What might the World Bank actually be a less efficient means of financial intermediatinon than private international banks?
What will be an ideal response?
Price discrimination requires the firm to
a. separate customers according to their willingnesses to pay. b. differentiate between different units of its product. c. engage in arbitrage. d. use coupons.
If the interest rates in the Eurozone increase, then which of the following is likely to happen?
(a) Deposits would increase in American banks. (b) Money would flow into the European banking system. (c) The euro would tend to depreciate relative to the dollar. (d) None of the above.