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26. The bonds of Elbow Grease Dishwashing Company have received a rating of C by Moody's. The C rating indicates the bonds are A. high

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26. The bonds of Elbow Grease Dishwashing Company have received a rating of "C" by Moody's. The "C" rating indicates the bonds are A. high grade B. intermediate grade C. investment grade D.junk bonds 27. Consider the expectations theory of the term structure of interest rates. If the yield curve is steep and upward sloping, this indicates that investors expect interest rates to in the future. A. increase B. decrease C. not change D. change in an unpredictable manner

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