The Work of Bond Rating Agencies Is Important Because

question 39

Multiple Choice

The work of bond rating agencies is important because

• A) They ensure that all principal and interest payments on bonds issued will be made.
• B) The rating they assign proves the quality of a particular debt instrument.
• C) They affect the debt's marketability and hence its interest rate.
• D) Bonds cannot be issued without them.

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Definitions:

Cytokinins

Plant hormones that promote cell division and growth, delay the aging of leaves, and in conjunction with other hormones, regulate plant development.

Auxin

Plant hormone regulating growth, particularly cell elongation; also called indoleacetic acid (IAA).

Asexual Propagation

The reproduction of organisms without the fusion of gametes, resulting in offspring genetically identical to the parent.

Pathogens

Microorganisms or agents that cause disease, including bacteria, viruses, fungi, and parasites.