So-Called Fallen Angels Differ from Junk Bonds in That

question 122

Multiple Choice

So-called fallen angels differ from junk bonds in that

• A)junk bonds refer to newly issued bonds with low credit ratings,whereas fallen angels refer to previously issued bonds that have had their credit ratings fall below Baa.
• B)junk bonds refer to previously issued bonds that have had their credit ratings fall below Baa,whereas fallen angels refer to newly issued bonds with low credit ratings.
• C)junk bonds have ratings below Baa,whereas fallen angels have ratings below C.
• D)fallen angels have ratings below Baa,whereas junk bonds have ratings below C.

---

Definitions:

Negotiators

Parties engaged in discussion to settle differences or reach an agreement, utilizing various strategies and tactics in the negotiation process.

Dispute

A disagreement or argument between parties that can arise from differing views, interests, or claims.

Devaluing

The act of reducing or undermining the perceived worth, importance, or validity of something or someone.

Concessions

Compromises made by one party in a negotiation to reach an agreement or settlement.