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Question 19 Which of the following is true about Bond ratings? O Ratings of C indicate an average level of risk. O Ratings are provided

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Question 19 Which of the following is true about Bond ratings? O Ratings of C indicate an average level of risk. O Ratings are provided solely by Moody's. Ratings only assess the possibility of default. Ratings consider interest rate risk. O Bonds with ratings of A are considered junk-grade bonds. Autos and More offers a zero-coupon bond with a yield to maturity of 4.5% percent. The bond matures in 15 years and has a face value of $1,000. What is the price of the bond today? Assume annual compounding. O $716.23 O $512.98 $267.00 O $516.72 O $1000.00

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