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Question 1 6.88 pts Standard & Poor's Ratings Group (S&P) and Moody's Investors Group are paid by __ to ____; If S&P changes its

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Question 1 6.88 pts Standard & Poor's Ratings Group ("S&P") and Moody's Investors Group are paid by __ to ____; If S&P changes its rating for ABC Inc. ("ABC") from AA- to A+, this would mean O bond investors; rate the quality of ABC's short-term debt instruments in terms of their probability of default; S&P believes ABC is more likely to default than before. O professional investors; rate the quality of ABC's short-term debt instruments in terms of their probability of default; S&P believes ABC is less likely to default than before. corporate issuers of debt; rate the quality of ABC's long-term debt instruments in terms of their probability of default; S&P believes ABC is less likely to default than before. O debt issuers; rate the quality of a large organization's long-term debt instruments in terms of the relative safety of principal; S&P believes ABC is more likely to default than before.

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