E. Answer the following questions to analyse the credit quality of the portfolio: (12 marks) - Use traditional ratio analysis (i.e., interest coverage, leverage, cash flow, net assets, and working capital) to evaluate the bonds' financial risk. - Evaluate the bonds' overall credit quality. Comment on the portfolio credit quality based on those bonds. - Are there other ratios to consider when evaluating the bond credit rating? Briefly discuss them. - Discuss the pros and cons of using ratio analysis. Use relevant literature to support the