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Moodys Investors Service uses nine ratings of corporate bonds to assist potential investors assess their risk. Rating Meaning Aaa Highest quality Aa High quality A

Moodys Investors Service uses nine ratings of corporate bonds to assist potential investors assess their risk.

Rating

Meaning

Aaa

Highest quality

Aa

High quality

A

Upper medium quality

Baa

Medium quality

Ba

Possess speculative elements

B

Speculative and subject to high credit risk

Caa

Poor standing and subject to very high credit risk

Ca

Speculative in a high degree

C

Extremely poor prospects

The level of data measurement in Moodys bond ratings is ______________.

Select one:

ratio

interval

ordinal

nominal

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