List and describe 4 criteria that bond rating agencies use to determine the rating of a bond. (4 Marks)

Part (b) Criteria for Determining the most appropriate bonds to purchase for your client

List and describe 3 criteria that an Investment Advisor would use to determine the most appropriate type of bond for his client. (3 Marks)

Part (c ) Minimizing Bind Risk

List and discuss two (2) investment strategies for minimizing risk in a bond portfolio (4 Marks)