Multiple Choice
An investment-grade rating on a bond is a rating of _____.
A) Aa3 and above by Moody's,and AA- and above for S&P and Fitch ratings.
B) A1 and above by Moody's,and A- and above for S&P and Fitch ratings.
C) Baa and above by Moody's,and CCC and above for S&P and Fitch ratings.
D) Baa and above by Moody's,and BBB and above for S&P and Fitch ratings.
Correct Answer:
Verified
Correct Answer:
Verified
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