The quality rating given by Standard & Poor's to highly speculative bonds is:
A)high-grade.
B)problematic or default.
C)investment-grade.
D)medium-grade.
E)unrated.

Question

Quizplus · Accepted Answer

Standard & Poor's rating for highly speculative bonds is problematic or default, which indicates a high risk of default or non-payment. This is the lowest rating given by S&P and is often referred to as junk or high-yield bonds.

The Quality Rating Given by Standard & Poor's to Highly