Among other services Standard and Poor s S P rates the risk
Among other services, Standard and Poor’s (S&P) rates the risk of default for corporate bonds. AAA bonds are top rated (smallest chance of default), followed by AA, A, BBB, BB, B, CCC, CC, and last D. In a table of bond ratings crossed with the presence or absence of default, would you expect to see association?
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help