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Moody's, Standard & Poor's, and Fitch Investor Services are firms which provide: o indentures o toasted sandwiches. o bond ratings. o debt consolidation. o debentures.

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Moody's, Standard & Poor's, and Fitch Investor Services are firms which provide: o indentures o toasted sandwiches. o bond ratings. o debt consolidation. o debentures. Question 15 A bond secured by a lien on real property is called a: o subordinated debenture. o municipal bond. o mortgage bond. o debenture. o junk bond. Question 16 In case of insolvency, some bonds have lower priority than other bonds. The term given to describe these bonds is: o mortgage bond o junk bond. o subordinated o debenture. o zero coupon bond. Question 17 Suppose Disney issues $150 million in new $1,000 par, U.S. dollar denominated Disney bonds to investors in other countries. These bonds are commonly referred to as: o zero bonds o mouse bonds o international bonds o foreign exchange bonds . Eurobonds Question 18 The term used to describe high-risk bonds with ratings of BB or below is: o debenture. o subordinated bond. o zero coupon bond. junk bond. o mortgage bond, Question 19 The term "indenture" is used to describe: o bonds that do not make coupon interest payments. o bonds that are secured by a lien on real property. o a complete set of removable, artificial teeth. o the legal agreement between the issuing firm and the trustee. o any unsecured long-term debt

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