CFA Latest CFA Level 1 Discussions Question of the Week – Fixed Income

Question of the Week – Fixed Income

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    • AdaptPrep
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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
    • AdaptPrep
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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.

    • shannondaily
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      Boo! I got it wrong. :neutral_face: 

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