11. Bond ratings Aa Aa Rating agencies-such as Standard & Poor's (S&P), Moody's Investor Service, and the Dominion Bond Rating Service (DBRS)-assign credit ratings to bonds based on both quantitative and qualitative factors. These ratings are considered indicators of the issuer's default risk, which impacts the bond's interest rate and the issuer's cost of debt capital. Based on these ratings, bonds are classified into investment-grade bonds and junk bonds. Which of the following bonds is likely to be classified as an investment-grade bond? A bond with 10% return on assets, total debt to total capital of 85%, and 13% yield O A bond with 30% return on assets, total debt to total capital of 15%, and 6% yield