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An investment firm rates the bonds of AardCo Inc. as High Credit - Quality, and the bonds of IMB Inc. as Low Credit - Quality,
An investment firm rates the bonds of AardCo Inc. as "High CreditQuality", and the bonds of
IMB Inc. as "Low CreditQuality", while the bonds of Deva Corp. are rated "Medium Credit
Quality." Which kind of measurement is used by this firm to rate bonds?
Select one:
a Ordinal.
b Interval.
c Nominal.
d Ratio.
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