Which One of These Statements Regarding Corporate Bond Credit Ratings

question 24

Multiple Choice

Which one of these statements regarding corporate bond credit ratings is correct?

• A)Bonds rated Ba3 or above by Moody's are considered investment-grade bonds.
• B)All bonds issued by the same issuer will have the same credit rating.
• C)A bond's credit spread may be a better indicator of a bond's risk than its rating.
• D)Bond ratings are based solely on the seniority of the bond issue and the protective covenants by which it is covered.
• E)Credit ratings are assigned to the bond issuer, not the bond issue.

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A surgical procedure for male sterilization or permanent contraception, involving the cutting and sealing of part of each vas deferens.

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Male reproductive cells capable of fertilizing a female's egg.