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Question 5: Most bonds and bond issuers are rated by one or more of the three SROs which include Standard & Poor's, Moody's, and Fitch.
Question 5: Most bonds and bond issuers are rated by one or more of the three SROs which include Standard & Poor's, Moody's, and Fitch. What is the key credit rating level of a bond or bond issuer which makes that bond or issuer 'investment grade and below which the bonds or issuer is considered unk? (a) B (b) BB (C) BBB (d) CCC 3 Question 6: What type of 'yield curve or term structure of interest rates is most associated with and predictive of strong economic growth patterns (a good economy)? (a) Flat yield curve (b) Upward sloping yield curve (c) Downward sloping or 'inverted' yield curve (d) None of the above Question 7: What type of 'yield curve' or term structure of interest rates is typically most preferred by and profitable for banks? (a) Flat yield curve (b) Upward sloping vicld curve (c) Downward sloping or 'inverted yield curve (d) None of the above
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