Question: Time Remaining 4 hours 2 2 minutes 2 2 seconds 0 4 : 2 2 : 2 2 Item 1 1 Time Remaining 4 hours

Time Remaining 4 hours 22 minutes 22 seconds
04:22:22
Item 11
Time Remaining 4 hours 22 minutes 22 seconds
04:22:22
Which one of the following statements concerning bond ratings is correct?
Multiple Choice
Investment grade bonds are rated BB or higher by Standard & Poor's.
The highest rating issued by Moody's is AAA.
Split-rated bonds are called crossover bonds.
A "fallen angel" is a term applied to all "junk" bonds.
Bond ratings assess both interest rate risk and default risk.

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