Exam taking window is between 7:00 pm. Fri April 8 through Mon, April 11 11:59 p

Question

Exam taking window is between 7:00 pm. Fri April 8 through Mon, April 11 11:59 pm (end-of-day) All questions are in multiple-choice format. The test is timed for a MAXIMUM of 2.5 hours (i.e. 150 minutes maximum). You must try to complete test in one-siting (i.e.. within a 150 minute limit--as the timer keeps running) Exam taking window is between 7:00 pm. Fri April 8 through Mon. April 11 11:59 pm (end-of-day) This test has a time limit of 2 hours and 30 minutes. This test will save and submit automatically when the time expires. Warnings appear when half the time. 5 minutes. 1 minute, and 30 seconds remain. Not allowed. This test can only be taken once. This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Which of the following statements about debt ratings is most The ratings are important to investors, but unimportant to issuers. The ratings are based solely on a quantitative analysis of the issuer's financial condition. The ratings run from A (for the best) to F (for the worst).

Explanation / Answer

Answer : The ratings reflect the probability of default

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