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An Improvement in the Credit Quality of an Issue or Issuer

question 32

Multiple Choice

An improvement in the credit quality of an issue or issuer is rewarded with a better credit rating, referred to as ________; a deterioration in the credit quality of an issue or issuer is penalized by the assignment of an inferior credit rating, referred to as ________.


Definitions:

Entrepreneurial Attribute

Qualities or characteristics that are commonly found in successful entrepreneurs, such as creativity, resilience, and risk-taking.

Calculated Risk Taker

An individual or entity that makes decisions based on a careful assessment of risks and rewards.

Monetary Reward

Financial compensation given to individuals as recognition for their work or achievements.

Seek Power

The aspiration or drive to gain authority or control over individuals, resources, or situations.

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