Which of the Following Statements Is NOT Correct

question 23

Multiple Choice

Which of the following statements is NOT correct?

• A)The credit rating is the measure of default risk estimated by a credit rating agency.
• B)Standard & Poor's is a credit rating agency.
• C)The rating assigned at the time of the issue is valid up to the maturity date of the security.
• D)The higher rating grade the security is assigned the lower is the assessed default risk.

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Definitions:

Corporate Customers

Corporate customers are businesses or organizations that purchase goods or services in bulk for use in their operations, often through contracts or strategic agreements.

Relaxation Technique

Methods or activities designed to reduce stress and anxiety, promoting a state of calm and relaxation.

Brutally Honest

Being uncompromisingly forthright and truthful, even if the truth may be harsh or unpleasant.

Salesperson Uses

The strategies, techniques, and tools employed by sales professionals to engage with customers and successfully sell products or services.