[单选题]

Meshack Bradovic, CFA, was recently hired as a credit analyst at a credit rating agency whose major clients include publicly listed companies on the local stock exchange. One of the clients is currently preparing to issue a new bond to finance a major factory project. Analysts are speculating that without the new factory the company will not survive the onslaught of competition from increasing imports; therefore, the company is counting on an upgraded credit rating to enhance the subscription level of the issue. Bradovic's research suggests the creditworthiness of the company has severely deteriorated over the last year due to negative operating cash flows. Without conducting extensive research, Bradovic's boss puts pressure on him to upgrade the credit rating to an investment grade rating. What course of action is most appropriate for Bradovic to prevent any violation of the CFA Code or Standards?

A.Quit his position with the firm.

B.Upgrade the rating but note his objections in writing.

C.Disassociate with the credit rating report,the bond issue and the client.

参考答案与解析:

相关试题

Robin Herring, CFA, is a government bond research analyst at an independent credit rating agency. A

[单选题]Robin Herring, CFA, is a government bond research analyst at an independent

  • 查看答案
  • The type of credit risk that is most directly reflected in a bond's rating is:

    [单选题]The type of credit risk that is most directly reflected in a bond's rating

  • 查看答案
  • Compared to other firms in the same industry, an issuer with a credit rating of AAA should have a lo

    [单选题]Compared to other firms in the same industry, an issuer with a credit ratin

  • 查看答案
  • A corporation issuing asset-backed securities can often improve the credit rating of the securities

    [单选题]A corporation issuing asset-backed securities can often improve the credit

  • 查看答案
  • A credit analyst determines the following selected financial ratios for three firms in an industry a

    [单选题]A credit analyst determines the following selected financial ratios for thr

  • 查看答案
  • Tamlorn Mager, CFA, is an analyst at Pyallup Portfolio Management. CFA Institute recently notifiedMa

    [单选题]Tamlorn Mager, CFA, is an analyst at Pyallup Portfolio Management. CFA Inst

  • 查看答案
  • Tamlorn Mager, CFA, is an analyst at Pyallup Portfolio Management. CFA Institute recently notified M

    [单选题]Tamlorn Mager, CFA, is an analyst at Pyallup Portfolio Management. CFA Inst

  • 查看答案
  • Chapmin Corp. is a large domestic services firm with a good credit rating. The source of short-term

    [单选题]Chapmin Corp. is a large domestic services firm with a good credit rating.

  • 查看答案
  • Thomas Turkman recently hired Georgia Viggen, CFA, as a portfolio manager for North South Bank. Alth

    [单选题]Thomas Turkman recently hired Georgia Viggen, CFA, as a portfolio manager f

  • 查看答案
  • Thomas Turkman recently hired Georgia Viggen, CFA, as a portfolio manager for North South Bank. Alth

    [单选题]Thomas Turkman recently hired Georgia Viggen, CFA, as a portfolio manager f

  • 查看答案
  • Meshack Bradovic, CFA, was recently hired as a credit analyst at a credit rating agency whose major