A bond rating of Aa or AA would mean that the quality of the bond is
A) the highest.
B) high.
C) medium grade.
D) speculative.

Name: A bond rating of Aa or AA would mean that the quality of the bond is A) the highest. B) high. C) medium grade. D) speculative.
Brand: Quizplus
Rating: 5.0 (35 reviews)

Question

Quizplus · Accepted Answer

A bond rating of Aa or AA is considered high quality, indicating that the issuer has a strong ability to meet its financial obligations. This rating is second only to the highest rating of AAA.

A Bond Rating of Aa or AA Would Mean That