The Bonds of Amazon Have Received a Rating of "B

question 119

Multiple Choice

The bonds of Amazon have received a rating of "B" by Moody's. The "B" rating indicates

• A) the bonds are insured.
• B) the bonds are junk bonds.
• C) the bonds are referred to as "high-yield" bonds.
• D) the bonds are insured or junk bonds.
• E) the bonds are "high-yield" or junk bonds.

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Definitions:

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s to counter the Great Depression.

Supreme Court

The highest judicial court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Liberty League

An organization or group advocating for individual freedoms and rights, historically or contemporarily.