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4. The highest rating a bond can receive from Standard and Poor's and Fitch rating agencies and still be classified as non-investment-grade bond is: A.

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4. The highest rating a bond can receive from Standard and Poor's and Fitch rating agencies and still be classified as non-investment-grade bond is: A. B. C. BB+. BBB. A. 11 Which one of the following statements is true? 5. A. B. C. The current yield on a par value bond will exceed the bond's yield to maturity.' The yield to maturity on a premium bond exceeds the bond's coupon rate. None of the above. L L 6. Which one of the following will decrease the current market price of a stock? A. B. C. Decrease in the required return Decrease in the expected dividend for next year Increase in the capital gains yield

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