"If a bond is downgraded from Aa rating to A rating, what is most likely happen to the bond price?" Increase O Stays constant O Decrease O Cannot be determined QUESTION 7 Which of the following reflects an improvement in a corporation's asset management efficiency? An increase in the amount of assets per dollar of sales O An increase in the inventory turnover rate O A decrease in the receivables turnover rate O An increase in the average days in inventory QUESTION 8 What's the slope of the security market line? one beta the market risk premium the expected return on the market portfolio. QUESTION 9 Which of the following statement is correct? O A stock's beta is the difference between it return and the return on the market portfolio O Beta equals the slope of the line fitted to a plot of a stock's returns versus the market returns O Investor can adjust the risk of portfolio by choosing stocks with different market risk premium O Beta measures the market risk premium on the stock