If a company has a rating of BB+/Ba1, it is considered: Question 12 options: moderate yield High grade low yield Performance grade Investment grade High yield
If a company has a rating of BB+/Ba1, it is considered: Question 12 options: moderate yield High grade low yield Performance grade Investment grade High yield
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 40MCQ
Related questions
Question
If a company has a rating of BB+/Ba1, it is considered:
Question 12 options:
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moderate yield |
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High grade |
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|
low yield |
|
|
Performance grade |
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|
Investment grade |
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|
High yield |
Expert Solution
Step 1
Credit rating: The credit rating is the measurement of the company's creditworthiness in terms of numerical. It is also referred to as to see whether the company will be able to meet its debt obligation or there will be a default of payment.
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