A Bond with a Speculative Rating Will Have Which of the Following

question 107

Multiple Choice

A bond with a speculative rating will have which of the following characteristics?

• A)A high coupon yield
• B)A high yield to maturity
• C)Double BB or lower rating
• D)All of the above are correct.
• E)Only A and B are correct.

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Definitions:

Behaving

Acting in a manner according to certain standards, rules, or expectations in social contexts.

Heteronomous Morality

The first stage of moral development in Piaget’s theory, occurring from 4 to 7 years of age. Justice and rules are conceived of as unchangeable properties of the world, beyond the control of people.

Immanent Justice

The belief, often held by children, that moral behavior is immediately rewarded and immoral behavior is immediately punished.

Autonomous Morality

The second stage of moral development in Piaget’s theory, displayed by older children (about 10 years of age and older). The child becomes aware that rules and laws are created by people and that, in judging an action, one should consider the actor’s intentions as well as the consequences.