Question 5a (2 marks): Another word for non-investment grade bonds in the US is: Question 5b (2 marks): Investment grade debt has a credit rating greater than or equal to:

AAA,АА+, АА, АA-, А+, А, А-, ввв+, Вв, "ВВ-, Bв*, в, вв-, В+, В, В-? Question 5c (1 marks): The European Sovereign Debt Crisis was caused by problems inwhich type of debt?Household, Corporate, Local government, or Federal government. Question 5d (2 marks): The US is unusual for having a large non-investment grade bondmarket. Most countries including China do not. If riskier firms cannot issue bonds in China,how can they borrow?

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