All else equal, bonds of which one of the following ratings typically trade at the highest credit spread? Ratings are on S&P's schedule. O BBB- OA- O BB- O CCC Question 15 2 pts Which of the following credit risk measures is forward-looking? O Altman's Z-score Expected default frequency debt to equity ratio Question 16 2 pts According to Moody's, particular bond issue for firm A has a default probability of 8%, and an expected recovery rate of 31%. What is the expected loss of this issue? Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321