You Are Trying to Evaluate Two Bond Issues

question 20

Essay

You are trying to evaluate two bond issues. One bond issue is rated "A" by the DBRS; the other is rated "B." How important are the bond ratings issued by the DBRS and CBRS? Based on your answer, would you purchase the "A" bond or the "B" bond?

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Definitions:

Objects

Material things that can be seen and touched, existing in physical reality.

Habituation

The method by which one becomes used to a stimulus through continuous exposure, resulting in a diminished reaction.

Stimulus

A stimulus is any event, object, or signal from the environment that elicits a sensory or behavioral response in an organism.

Responsiveness

The quality of reacting quickly and positively, or the degree to which a system or living organism responds to a stimulus or environment.