Which of the following statements is(are) necessarily true (all else the same):
a) The lower the coverage ratio of the company, the wider the corporate bond's credit spread
b) The longer the maturity of a Treasury bond, the higher its yield (interest rate)
c) The more senior a bond is, the narrower its credit spread
Answer:
a) The lower the coverage ratio of the company, the wider the corporate bond's credit spread
c) The more senior a bond is, the narrower its credit spread
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Which of the following would be the BEST response for a licensee to make to a seller who stipulates that their house in not to be shown to minority prospects?
A. "I will try to do my best, but I will have to show it to someone id they request i.t" B. "Don't worry, I can show them other listed minority properties." C. "Under these conditions, I will have to charge a higher fee." D. "Licensee must comply with the license laws. I cannot accept the listing under circumstances."
Which sentence is correctly punctuated?
A) To sit for the CPA examination you must meet specific educational requirements. B) To sit for the CPA examination, you must meet specific educational requirements. C) To sit for the CPA examination; you must meet specific educational requirements.