The definition "One party in the negotiation is ignorant of$,$ or cannot observe, some of the information which is essential to the contracting and decision$-$making process" is a definition of$?$

A$.$ Irrational Decision Marking

B$.$ Asymmetric Information

C$.$ Moral Hazard

D$.$ None of the above.

Which of the following are the three major Credit Ratings agencies that rate bonds on the stock market?

A$.$ Experian, Creditwise and Equifax

B$.$ Experian, Standard & Poor's, Equifax

C$.$ Standard & Poor's, Moody's and Fitchs

D$.$ All of the above.

Which of the following about what is used to calculate a Debt rating is correct?

Likelihood of payments of interest and$/$or capital not being paid $($that is$,$ default$)$

The extent to which the lender is protected in the event of a default $($the recoverability of the debt$)$

The equity absorption potential of the firm dividend by the current gearing.

A$.1$ is correct

B$.2$ and $3$ is correct

C$.1$ and $3$ is correct

D$.1$ and $2$ is correct

Which of the following is an advantage of the investor of convertible bonds$/$notes$?$

A$.$ Able to wait and see how the share price moves before investing in equity; may take advantage of the upside

B$.$ In the near term, there is greater security for their principal compared with equity investment, and the annual coupon is usually higher than the dividend yield. C$.$ For companies that do not pay dividends, the investor can gain a regular income stream through a convertible and then $($possibly$)$ make a capital gain through conversion.

D$.$ All of the above.