Bonds issued at different times by the same corporation may not receive the same rating from a rating agency.

Question 14 options:

	True
	False

Investment-grade bonds are bonds that are rated as Caa or better by Moody's and as CCC or better by Standard & Poor's.

Question 15 options:

	True
	False

In response to criticism of the ratings they assigned before the credit crisis, credit rating agencies now:

	a. are paid through fees assessed on the purchasers of bonds.
	b. are depending more on sensitivity analysis in which they assess how creditworthiness may change in response to abrupt changes in the economy.
	c. are not allowing the employees who promote an agency to influence the ratings that the agency assigns.
	d. B and C