A Bond Rating Is Really a Measure of a Bond's

question 99

Multiple Choice

A bond rating is really a measure of a bond's

• A)performance.
• B)yield.
• C)market value.
• D)riskiness.
• E)yield to maturity.

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Definitions:

Inferior Good

A type of good for which demand decreases when consumer income rises, contrary to normal goods where demand increases with rising income.

Excise Tax

A specific tax levied on particular goods or services at the point of manufacture or sale, often included in the price of the product.

Supply Curve

A graphical representation of the relationship between the price of a good or service and the quantity of it that producers are willing to supply.

Excise Tax

A tax levied on specific goods, services, or transactions, often included in the price of the product.