CFA CFA Level 1 Question of the Week – Fixed Income

Question of the Week – Fixed Income

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    • Avatar of AdaptPrepAdaptPrep
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        Quanced Design is rated Ba1 by Moody’s. The company announced a new issue of 5%, 20-year bonds. These securities will be rated:

        • Ba1
        • No higher than Ba1
        • Not enough information
      • Avatar of AdaptPrepAdaptPrep
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          The ratings on specific issues start with the rating of the issuer, and
          is notched up or down. Since we don’t have any information on the notching from
          the rating agency, we do not have enough information to
          answer this question.

        • Avatar of shannondailyshannondaily
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            Boo! I got it wrong. :neutral_face: 

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