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

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.

Boo! I got it wrong. :neutral_face:

Question Of The Week - Fixed Income (8) - CFA Level 1

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This topic has 2 replies, 2 voices, and was last updated Jan-188:37 pm by shannondaily.

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- AdaptPrep
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  - Undecided
  02 Dec 2017 at 9:42 pm
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  4
  ::
  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.
- shannondaily
  Participant
  - Undecided
  25 Jan 2018 at 8:37 pm
  Up
  2
  ::
  Boo! I got it wrong. :neutral_face:
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