13) What is the relationship between a FICO score and a credit rating for a Company? Why is Teslas credit rating non-investment grade while Disneys is investment grade?

14) Explain the difference between the primary and secondary market for a financial asset? In your explanation, describe the purpose of both and how cash flow moves in each market.

15) Total risk is measured by standard deviation. Standard deviation, fundamentally, can be broken down into systematic and unsystematic factors. a. Explain what each variable represents and how they contribute to total risk. (8 pts) b. Give a specific example of each factor if you were to invest in Amazon today.

16) Explain the concept of diversification as it relates to financial assets. Given your answer to question 15, can you diversify both systematic and unsystematic risk? Explain why or why not for each variable.