As Technology Allows Information Regarding the Financial Health of Corporations

question 32

Multiple Choice

As technology allows information regarding the financial health of corporations to become easier to obtain, we should expect:

• A) the risk spread to decrease.
• B) the role of bond rating agencies to become more important.
• C) a decrease in the number of participants in the bond market.
• D) the risk spread to increase.

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Definitions:

Thoracic Vertebrae

The set of twelve vertebrae located between the cervical vertebrae and the lumbar vertebrae that form the midsection of the vertebral column.

Lumbar Region

The lower part of the back comprised of five vertebral bones, L1-L5, which bear much of the body's weight and are the most common site of back pain.

Lordosis

A condition characterized by an excessive inward curvature of the spine, typically in the lower back.

Articular Facets

Smooth, flat areas on the ends of bones that form joints, allowing bones to glide over each other with minimal friction.