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Choose the Word or Phrase in [ ] Which Will

question 98

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The [lower | higher] a bond's rating,the more likely the issuer will default.


Definitions:

Oil

A natural resource used as a primary energy source and raw material in various industries, whose market dynamics significantly influence global economics.

Profit/Loss

The financial result obtained when revenues exceed expenses (profit) or expenses exceed revenues (loss).

DAX-30 Index Futures

Financial contracts to buy or sell the DAX 30 index at a future date, used for hedging or speculating on the German stock market.

Spot Index

A real-time index that reflects the current prices of the securities included in the index.

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