The Three Largest Bond Credit Rating Agencies Are Moody's, Standard

question 47

Multiple Choice

The three largest bond credit rating agencies are Moody's, Standard & Poor's, and:

• A) Fitch.
• B) Murray.
• C) Credit One.
• D) Johnson & Johnson.

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Definitions:

Inflation

A broad escalation in prices coupled with a reduction in the purchasing power of currency.

Creditors

Individuals, businesses, or financial institutions that lend money or extend credit to others, expecting repayment in the future.

Fixed Incomes

Types of investment securities that pay investors fixed interest or dividend payments until their maturity date.

Business Cycle

The cyclical pattern of economic growth characterized by phases of expansion, peak, downturn, and recovery, which naturally progresses over time.