Question
What is usually the relationship between a bond’s rating and the interest rate a company pays to buyers?
A. The rating is the same as the rate.
B. The higher the rating, the lower the rate.
C. There is no relationship.
D. The higher the rating, the higher the rate.
A. The rating is the same as the rate.
B. The higher the rating, the lower the rate.
C. There is no relationship.
D. The higher the rating, the higher the rate.
Answers
Ms. Sue
I'll be glad to check your answer.
Ms. Sue
Right.