If Moody's or Standard and Poor's Downgrades Its Rating on a Corporate

question 43

Multiple Choice

If Moody's or Standard and Poor's downgrades its rating on a corporate bond,the demand for the bond ________ and its yield ________.

• A) increases; decreases
• B) decreases; increases
• C) increases; increases
• D) decreases; decreases

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Definitions:

Skills

The abilities, know-how, and expertise that individuals acquire through experience, training, or education that enable performance of tasks.

Job Specifications

A detailed description of the qualifications, skills, experience, and attributes required for a job position.

Knowledge

Information, understanding, or skill that one gets from experience or education.

Skills

Specific abilities or competencies that individuals possess or acquire, which enable them to perform tasks effectively.