Which One of the Following Is Not True

question 39

Multiple Choice

Which one of the following is not true?

• A) A bond issuer's rating is affected by its default risk.
• B) An investor holding the bond until maturity expects to receive its par value.
• C) Inflation does not affect the interest rates of bonds.
• D) Rating agencies use financial statements to assess the default probability of firms.

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Definitions:

Producers

Individuals or entities responsible for creating and supplying goods or services.

Employees

Individuals who are hired by a person or business for wages or salary to perform work or services.

Human Resource Planning

The process of ensuring that an organization has the right number and types of employees, at the right time and place, who are capable of effectively and efficiently completing tasks that will help the organization achieve its overall strategic objectives.