Use the information for the question(s) below.
-Which of the following best describes a bond rated by Standard & Poor's and Moody as B?
A) judged to be high quality by all standards
B) considered to be medium grade obligations
C) neither highly protected nor poorly secured
D) generally lacks the characteristics of a desirable investment

Question

Use the information for the question(s) below. 
-Which of the following best describes a bond rated by Standard & Poor's and Moody as B?
A) judged to be high quality by all standards 
B) considered to be medium grade obligations 
C) neither highly protected nor poorly secured 
D) generally lacks the characteristics of a desirable investment

Quizplus · Accepted Answer

Bonds rated as B by Standard & Poor's and Moody's are generally considered to be speculative and lack the characteristics of a desirable investment, indicating a higher risk of default.

Use the Information for the Question(s) Below