57 A credit rating agency likeS&P or Moody'smay evaluate the risk of default for

a.a bond issued by a private corporation

b.a bond issued by a sovereign country

c.a Mortgage Backed Security issued by a commercial bank

d.All of the above

58 An example ofIndirect Financemay be

a.An individual approved for a mortgageloanby Citibank

b.Investorsbuying companystock through an IPO

c.Foreign investors buying US Treasuries through the US Treasuryauction

d.None of the above