The Default Rate on High-Quality Bonds Is Less Than 1

question 149

True/False

The default rate on high-quality bonds is less than 1 percent,whereas the default rate on junk bonds ranges from 8 to 12 percent.

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Definitions:

XIO

This refers to "Examine If Open," a programming instruction used in ladder logic for programmable logic controllers (PLCs) to check if a condition is not true.

Internal Relay Coil

A component within a relay that, when energized, creates a magnetic field to actuate the relay contacts.

External Input Device

An external input device is any hardware device outside of the core system that provides input, such as a keyboard, mouse, or sensor.

External Output Device

A hardware component outside of the main computing device, such as a printer or a monitor, that receives data for display, printing, or other forms of output.