The yield to maturity on bonds of Netflix just fell by 1.25% at a time when interest rates in the economy remained unchanged. What probably caused this change? a) Netflix bonds were upgraded by the rating agencies b) Inflation rates fell dramatically. Oc) The company announced a reverse stock split. d) Netflix bonds have an retractable feature. Bond Rating Services perform all of the following functions EXCEPT: O a) provide an independent and objective assessment of fixed income securities Ob) recommend fixed income securities for purchase or sale O c) do credit analysis on fixed income security issuers d) classify fixed income securities anywhere within a range from investment grade to speculative (ie junk) Assume that the US dollar is rising in value against most other major currencies and this has become a concern to the US government. What is the quickest, short-term action that the US Federal Reserve (ie central bank) could take to try weaken the US dollar? a) Reduce interest rates. Ob) Raise interest rates. Oc) Buy US dollars in the open market. d) Sell US dollars in the open market. Suppose an investment dealer buys a large quantity of high-quality bonds and separates the individual future-dated interest coupons from the underlying bond's principal payment. The dealer then sells each coupon and the principal as separate bonds. What is the term used to describe these resulting bonds? a) Subordinated bonds. Ob) Collateral trust bonds. O c) Debentures d) Strip bonds