Bonds with Relatively Low Risk of Default Are Called ________

question 15

Multiple Choice

Bonds with relatively low risk of default are called ________ securities and have a rating of Baa (or BBB) and above;bonds with ratings below Baa (or BBB) have a higher default risk and are called ________.

• A)investment grade;lower grade
• B)investment grade;junk bonds
• C)high quality;lower grade
• D)high quality;junk bonds

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Definitions:

Activation Synthesis Model

A theory in neuroscience that proposes dreams result from the brain's attempt to make sense of random neural activity during REM sleep.

Dreaming

A series of thoughts, images, and sensations occurring in a person's mind during sleep.

Sleepwalking

A sleep disorder causing people to get up and walk around while in a state of sleep.

EEG

Short for electroencephalogram, a test that measures electrical activity in the brain and is used in the diagnosis of neurological conditions.