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2:23
YouTube
State Policy Experts
Why Are State Bond Ratings Important For Public Finance? - State Policy Experts
Why Are State Bond Ratings Important For Public Finance? In this informative video, we will discuss the importance of state bond ratings in public finance. You'll learn how these ratings assess a state's creditworthiness and why they are essential for funding major projects like infrastructure, education, and public services. We'll cover how ...
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Illinois is on the verge of becoming the first state with a junk-bond rating following downgrades from two of the world's largest credit-ratings firms. S&P Global warned that Illinois could be downgraded to junk status next month if it doesn't solve its partisan gridlock. http://fxn.ws/2soIedo | Fox Business
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Part 1: Bond X and Bond Y were issued at a premium to par value three years ago. Bond X matures in five years, and Bond Y matures in ten years. Both bonds carry the same credit rating: Bond X has a coupon of 7.25%, and Bond Y has a coupon of 8.00%. If the yield to maturity for both bonds is 7.60% today:Check all that apply:- Compared to three years ago, the price for Bond X goes down.- Both bonds are priced at a premium.- Compared to three years ago, the YTM today goes up for Bond Y.- Bond X is
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