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

question 121

Multiple Choice

The quality rating given by Standard & Poor's to highly-speculative bonds is:

• A) high-grade.
• B) default.
• C) investment-grade.
• D) medium-grade.
• E) unrated.

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Definitions:

Sampling Distribution

The likelihood distribution of a statistical measure derived from numerous samples taken from a particular population.

Standard Deviation

An indicator of the degree of spread or variability within a dataset, showing the extent to which the values deviate from the average.

Sample Mean

The average value calculated from a sample subset of a population, used as an estimate of the population mean.

Freshmen

Freshmen at a secondary school, higher education institution, or university.