Interest Rate Markets Quiz 7

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1 Credit ratings

*Standard & Poor's
Investment grade

Speculative grade

* Moody's
Investment grade

Speculative grade

2 If a mortgage-backed security prepays faster than expected, it is called

risk; and conversely if a security prepays more slowly than expected, it is called

risk.

3 The ranking of corporate debt from lowest to highest is:

*

*

*

*

*


Interest Rate Markets Quiz 8

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