What Is the Highest Rating a Bond Can Receive from the Rating

question 119

Multiple Choice

What is the highest rating a bond can receive from the rating firm Standard and Poor's (S&P) ?

• A) A+
• B) A++
• C) AA
• D) AAA
• E) A

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Definitions:

Purchase Price

The amount paid or to be paid by the buyer to acquire a good, service, or asset.

Net Income

The total earnings of a company after deducting all expenses, taxes, and costs from total revenue.

Costing Method

The technique or approach used by a business to determine the cost associated with a product or project.

Inventory Turnover

A ratio indicating how often a company sells and replaces its stock of goods within a certain period, reflecting the efficiency of inventory management.